Showing posts with label financial inclusion. Show all posts
Showing posts with label financial inclusion. Show all posts

Tuesday, February 14, 2012

Financial Inclusion in Urban Cooperative Banks

Mr Anand Sinha, Deputy Governor, Reserve Bank of India spoke on the occasion of the launch of the Financial Inclusion program of Cosmos Bank at Pune recently.
Since the speech encompassed many areas of Urban Cooperative Banks operation we produce below the text of speech for readers’ benefit

Shri Shashikant Bugde, Chairman, Shri Krishnakumar Goyal, Vice-Chairman,  Dr. Mukund Abhyankar and other Directors of the Cosmos Bank, Shri Sudhir Thakre, Secretary, Rural Development, Govt. of Maharashtra, all the aspiring women entrepreneurs present here this evening and ladies and gentlemen. I am delighted to be here this evening amongst all of you on the occasion of the launch of the Cosmos Bank’s Financial Inclusion Programme.  I would like to thank the Cosmos Bank for inviting and giving me an opportunity to be a part of this initiative which seeks to address one of the most pressing issues of our times.
2.  Cosmos Bank is one of the oldest banks in the country and has recently completed 105 years of service. While nurturing the traditional values it has inherited, of serving the small customer, the bank has also moved with times and has prepared itself for the future, by adopting new technologies and