Which bank has launched ‘Bank Sakhi’ scheme?

Q.  Which of the following Grameen Bank has launched “Bank Sakhi” scheme to promote and popularize cashless transactions in rural areas?
- Published on 15 Feb 17

a. Allahabad UP Gramin Bank
b. Karnataka Vikas Grameen Bank
c. Grameen Bank Of Aryavrat
d. Baroda Gujarat Grameen Bank

ANSWER: Karnataka Vikas Grameen Bank
To promote and popularize cashless transactions in rural areas, the Karnataka Vikas Grameen Bank (KVGB) has come out with an innovative method of employing women in villages.

The bank would appoint women business correspondents called “Bank Sakhi” in select villages where this scheme would be implemented.

To start with, the bank had hired 11 “Bank Sakhis” and plans to appoint more in near future.

A “Bank Sakhi” is someone who has been a member of a self-help group involved in conducting banking and book-keeping activities of the group.

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