Banking, Financial Services and Insurance (BFSI)
Business Banking Correspondents are the bank's representatives who carry banking to rural areas for the purpose of financial inclusion. The banking correspondent system was started by RBI in 2006. Banking correspondents do all the banking activities in rural areas and get a commission on every transaction done by them.
Banking, Financial Services and Insurance (BFSI)
40000
60000
Business Banking Correspondents are the bank's representatives who carry banking to rural areas for the purpose of financial inclusion. The banking correspondent system was started by RBI in 2006. Banking correspondents do all the banking activities in rural areas and get a commission on every transaction done by them.