Pitra (Tripura), Sep 8 - Radharani Sutradhar, a middle-aged homemaker in this village not far from capital Agartala, wants to open a bank account, but there is no bank in her village or any village nearby. Fellow villager Hira Chowdhury was refused a loan by a bank at the district headquarters.
All that's going to change, says the Reserve Bank of India (RBI), the country's central bank.
'Don't worry, banks will come to all of you, provide you loan, open your accounts and provide other banking facilities at your door steps,' RBI deputy governor Usha Thorat told Sutradhar, Chowdhury and hundreds of other villagers last week at an outreach camp organised by the apex bank in southern Tripura.
Chowdhury had approached a bank in Udaipur district of southern Tripura a year ago for a Rs.50,000-loan to set up a poultry farm.
The bank refused as she didn't have a guarantor.
'A bank should not ask for a guarantor for a loan of Rs.50,000,' Thorat said after hearing her story.
'It is not possible to set up banking networks in all the 565,000 villages across the country, but the RBI wants banking services to reach all these places,' Thorat told the gathering at this hillside village, just 70 km from Agartala.