CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has launched the Bank Sakhi Scheme to promote and popularize cashless transaction.
A
Punjab Gramin Bank
B
Pandyan Grama Bank
C
Karnataka Vikas Grameen Bank
D
Manipur Rural Bank
Explanation: 

Detailed explanation-1: -Under the project, SIDBI trained more than 2000 Bank Sakhis and ensured regular monitoring mechanisms in all 38 districts of Bihar to ensure access to financial services at the last mile.

Detailed explanation-2: -Bank of Maharashtra has tied up with Mahagram to roll out the ‘Bank Sakhi’ project in Odisha. The fintech would provide financial technology and infrastructure support to augment rural financial inclusion.

Detailed explanation-3: -Ans – In national terms: A. SHG Member who sits in bank branch to support Branch Manager is called as Bank Sakhi. She helps the SHG members in day to day banking services like documentation, loan facilitation, recovery & member of the CBRM but does not undertake financial transactions.

Detailed explanation-4: -As a Bank Sakhi these women provide a range of financial and non-financial services on behalf of the bank to their communities. The federations are providing capacity development, training, and monitoring support to the Sakhis and supporting them to raise financial awareness in the communities.

Detailed explanation-5: -Bank Sakhi should be selected by VO. In case VO is not formed, she should be selected by an informal committee with representatives drawn from different SHGs.

There is 1 question to complete.