Question

What is a key feature of the 'Kerala Bank' (Kerala State Co-operative Bank) that aids in financial inclusion?

• A. Its focus on large corporate loans and international trade.
• B. Its exclusive services catering only to urban populations.
• C. Its vast network of local, rural branches and integration with primary cooperative societies
• D. Its reliance on digital-only transactions with no physical presence.

Answer 1

Answer:

C. Its vast network of local, rural branches and integration with primary cooperative societies

• The merger of District Co-operative Banks into the Kerala Bank has created a unified and vast network that reaches deep into rural areas, ensuring that a wider population has access to formal banking and credit facilities.