Andhra bank to aid implementation of direct cash transfer in East Godavari district

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Andhra Bank with other smaller banks have come together to facilitate direct cash transfer scheme in East Godavari district.

B A Prabhakar , CMD of Andhra Bank met with the district collector Nitu Kumari Prasad and extended his offer to help in the successful implementation of direct cash transfer.

Prabhakar said that major banks in the region have already taken permission of National Payment Corporation to provide the necessary services under Aadhar enabled delivery system.

Nitu Kumari Prasad has asked Prabhakar to open bank accounts in agency areas for the benefit of people living in those areas. She also asked CMD to to further strengthen activities of the bank in the district to set up micro-ATM facilities and to appoint banking correspondents.

Read more about: andhra bank
Story first published: Monday, December 17, 2012, 13:30 [IST]
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