Allahabad Bank launches mobile banks in Jharkhand

RANCHI - Allahabad Bank Thursday launched mobile bank van services in Jharkhand to target villagers.

J.P. Dua, CMD of Allahabad Bank, flagged off a mobile bank van from the bank’s Ranchi zonal office. It is the first bank to start such a service in the state.

“It will function like a full bank where people could deposit and withdraw cash. It will function in 12 villages of Dumka district,” a bank official told IANS.

Reserve Bank of India Governor D. Subba Rao was in Jharkhand early this month and during his visit he assured the state government about expanding bank facilities.