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Rajashree Chaugule
24 Feb 2014 (10:27:18)
True, if the above thing happens, it will indeed be helpful to the rural people & others as well, but first government will have to undertake a special banking campaign on a vast scale to educate and encourage the rural india to take part in banking before the CBA revolution could happen . I think, RBI might will have to redefine the banking access regulations, as a person opening account in one bank and accessing his account through any other bank is not that easy, but also not impossible .They will have to set a centralized administration for all the banks to come together and having a common database.It will be indeed be a huge revolution .