KVGB Launches Bank Sakhi Yojna

• The Karnataka Vikas Grameen Bank (KVGB) has come out with an innovative method of employing women in villages. 
• Bank chairman S. Ravindran said that the bank would appoint women business correspondents called “Bank Sakhi” in select villages where this scheme would be implemented. 
• To start with, the bank had hired 11 “Bank Sakhis” and had plans to appoint a minimum of 50 such women in different districts, he said.
• It would be possible to ensure greater participation in financial inclusion by engaging women in villages. A “Bank Sakhi” is someone who has been a member of a self-help group involved in conducting banking and book-keeping activities of the group.