Bengaluru, Feb 27: Deputy Chief Minister D K Shivakumar called upon the banks toestablish more branches in rural areas of Karnataka to support growing rural economy.
Speaking at the inauguration of a new branch of Axis bank, he said, “Karnataka is the state with second highest tax contribution in the country. Karnataka’s rural areas are also growing. Banks must focus on opening more branches in rural areas and strengthen rural economy.”
“I am happy to see the competition in the banking sector. The Nationalisation of banks has made banking easy for people. Today banks are going to the doorstep of the people. This change is welcome. Axis bank has thousands of branches in Karnataka and that shows its emphasis on our State. Karnataka has come a long way. Today, the whole world looks at Bengaluru,” he said.
“Karnataka government is planning to develop Karnataka Public Schools using CSR funds in order to provide quality education to students in rural areas. We have decided to start 2000 such schools. I appeal to banks to support this cause by investing your CSR funds in this project,” he urged.
“Our government is trying to promote entrepreneurship. I urge banks to support our goal by supporting as many people as possible,” he added.
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