Shillong Aug 31 PTI The Meghalaya government on Tuesday inked a memorandum of understanding MoU with the Meghalaya Rural Bank aiming at easing banking services in rural areas an official saidAn MoU was signed between the finance department represented by Finance Commissioner and Secretary Dr D Vijay Kumar and Chairman of Meghalaya Rural Bank Tshering DekiThis will help the state achieve its objective of financial inclusion and also in transferring the financial benefits of the state as well as the central government directly into the bank accounts of the eligible beneficiaries in unbanked areas Chief Minister Conrad K Sangma said on the occasionThe MoU will address the fundamental problem of access to finance in rural or remote areas of the state he saidThe state government will support the Meghalaya Rural Bank in deploying 600 business correspondents across the state a bank official saidThe business correspondents will be given micro ATMs to pay cash at the doorsteps of customers and will assist people in other banking works PTI JOP NN NN
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