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


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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Tuesday, January 1, 2013
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