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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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