Indicus Centre for Financial Inclusion

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Business Correspondents

Progress of SCBs in Financial Inclusion Plan (excluding RRBs)

(Amount in ` billion)
Particulars Mar-10 Mar-11 Mar-12 Variation March 2012 over March 2010
No. of BCs/BC Agents deployed 33,042 57,329 95,767 62,725
Number of banking outlets in villages with population above 2,000 27,353 54,246 82,300 54,947
Number of banking outlets in villages with population less than 2,000 26,905 45,937 65,234 38,329
Total number of banking outlets in villages 54,258 1,00,183 1,47,534 93,276
Of which        
a) Through branches 21,475 22,662 24,701 3,226
b) Through BCs 32,684 77,138 1,20,355 87,671
c) Through Other Modes 99 383 2,478 2,379
Urban Locations covered through BCs 433 3,757 5,875 5,442
No-Frill accounts        
Number (millions) 50.3 75.4 105.5 55.2
Amount (` billions) 42.6 57 93.3 50.7
Overdraft availed in No - Frill Accounts        
Number (millions) 0.1 0.5 1.5 1.4
Amount (` billions) 0.1 0.2 0.6 0.5
Kisan Credit Card (KCC)        
Number of Accounts ( millions) 15.9 18.2 20.3 4.4
Outstanding amount (` billions) 940.1 1237.4 1651.5 711.4
General Purpose Credit Card (GCC)        
Number of Accounts (millions) 0.9 1 1.3 0.4
Outstanding amount (` billions) 25.8 21.9 27.3 1.6
ICT Based Accounts through BCs        
Number of Accounts (millions) 12.6 29.6 52.1 39.5
Number of transactions during the year (millions) 18.7 64.6 119.3 183.9

Source: RBI Annual Report 2011-12