Nirmala Sitharaman city New Delhi covid-19 Government medicines Nirmala Sitharaman city New Delhi

Covid-19 lockdown: FM says to ensure access to banking services for all

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NEW DELHI: Finance minister Nirmala Sitharaman on Saturday said she will request states to ensure there are no restrictions on movement of banking mitras --mediators between banks and customers --amid the 21-day nationwide lockdown announced by the government to contain the spread of coronavirus.

Banking mitras or correspondents play a key role in financial inclusion and help customers, especially in the rural areas, where banking services are limited.

The minister also said she will ask banks to facilitate cash flow to ensure timely access to funds. "Appreciate the service Bank Mitra/Banking Correspondents are undertaking across the country.

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