IDBI Bank Establishes 16 Ultra Small Branches in Rural Areas
OREANDA-NEWS. April 04, 2012. IDBI Bank Ltd. has established Ultra Small Branches (USBs) in 16 locations in villages to cater to the financial needs of the rural populace and is in the process of establishing such USBs in all the villages allotted to IDBI Bank for financial inclusion. The USB will address the various needs of the rural customers like account balance enquiry, various advances suitable to him, remittance, etc. for which the villagers had to hitherto travel long distances towards the bank branches located far away from their habitation. Also, IDBI Bank has completed implementation of Financial Inclusion in all the allotted villages well before the timeline set by the Government of India.
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