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| Date : 20 Dec 2007 |
| RBI's CAB's E-Portal for ICT Based Financial Inclusion launched |
Smt.
Usha Thorat, Deputy Governor, Reserve Bank of India, on December 20, 2007 formally
launched an e-portal (www.ict.cab.org.in)
on information and communication technology (ICT) enabled financial inclusion
efforts of banks. The e-portal is developed by the College of Agricultural Banking
(CAB), a premier training institution of the Reserve Bank of India based in Pune.
The Reserve Bank of India has been encouraging the banks to harness the power
of information and communication technology (ICT) for reaching out to the unbanked
population. The e-portal is envisaged to be a platform for sharing of knowledge
and experience of banks in this area and, therefore, may have the potential to
aid in leapfrogging the extension of formal financial services to the hitherto
unserved population. The e-portal
has various useful sections containing policy initiatives by the Government of
India and the Reserve Bank of India, their implementations by banks and other
financial institutions, international experiences, a knowledge bank containing
relevant articles/research papers, case studies, presentations and video clips,
various related upcoming events and news items, ICT solutions and other useful
links. The Deputy Governor also launched an e-gateway to
the Financial Inclusion and Financial Literacy Cell of the CAB. The Cell will
act as the resource centre to facilitate both financial inclusion & financial
literacy in the country. Alpana Killawala Chief
General Manager Press Release : 2007-2008/829
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