In pursuance of the RBI guidelines issued in September, 2010, as part of its Financial Inclusion mandate, announced in the Annual Policy Statement for the year 2010-11, CSC E-Governance Services India Limited was engaged as a corporate Business Correspondent by various Banks (Public Sector Banks, Regional Rural Bank and Private Sector Banks) for enabling CSCs to become Business Correspondent Agents/Customer service points to deliver various banking and financial services in a number of States across the country.
Banking services mainly include accepting deposits, lending money, facilitating transactions, and offering various financial products like savings accounts, loans, and credit cards. Banking plays a crucial role in the economy by facilitating the flow of money and enabling economic activities.
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