Guidance Note for Approval and Operation of Agent Banking Activities of Banks

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Guidelines on Agent Banking for the Banks were issued vide PSD Circular No. 05 dated December 09, 2013. The guidelines were issued for promoting agent banking as a complimentary channel for financial inclusion and supervising agent banking of banks.This guidance note will provide a clear framework which will cover the following aspects of agent banking business including: approval requirements of launching agent banking activities of scheduled banks; agent selection criteria; approval procedure and criteria.

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Year of Document: 
2013
Date of Document: 
Tuesday, January 1, 2013
Language (This Document): 
English

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