Jan Dhan: RBI pulls up BoB for lacunae

13-May-2015 #Jan-Dhan Source: The Times of India

Reserve Bank of India has directed Bank of Baroda to resolve the problem of all the beneficiaries of Jan Dhan Yojana who don’t know how to read or write because of which they remain deprived of the scheme’s social benefits in Bareilly. In response to it, Bank of Baroda has assured to come out with a new mechanism involving hand-held bio-metric machines that would record the thumb impression of all illiterate account holders in order to enrol them in the scheme.

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