BANKING: LEAD BANK SCHEME, BASIC SAVINGS BANK DEPOSIT ACCOUNT EXPLAINED

LEAD BANK SCHEME: • In 1969 LEAD BANK SCHEME importance was recognized by the D.R.Gadgil study group. • The study group stated the fact that commercial banks did not have adequate presence in rural areas and recommended the adoption of an ‘AREA APPROACH’ to evolve plans and programs for the development of adequate banking and […]