Saturday, October 01, 2011: Kerala has been declared as the first ‘total banking state’ in India successfully completing the campaign for total financial inclusion plan (FIP) ensuring banking facility to all families.
The declaration was made as every household in all the 14 districts in the state having at least one bank account and the facility for need-based credit.
The “State Level Bankers’ Committee”,a joint forum of major banks operating in the state, with the support of state government had been working for the last four years to bring banking services to all quarters of the state.
