Banks must cooperate in operating weekly banking outlet:
A high-level committee chaired by RBI Deputy Governor Usha Thorat to review the Lead Bank Scheme has recommended that a bank should fully cooperate in opening and operating a weekly banking outlet for ensuring full financial inclusion in villages with a population of over 2,000.
BANKS will be the centre of attention this week with trading updates and annual meetings from major players, while first-quarter figures from insurance giant Prudential will also be watched closely.