HDFC Bank and Facebook signed agreements with government’s rural outreach platform

by Editor 1

NEW DELHI: HDFC Bank and social networking giant Facebook on Tuesday signed agreements with government’s rural outreach platform, Common Service Centres (CSC), to help spread financial inclusion and village-level entrepreneurship.
HDFC Bank launched a credit card for small and medium enterprises, and this will be similar to Kisan Credit card. It will also enable one lakh CSCs in providing banking and related services across the country. Facebook is paying Rs 2 crore as it gets access to 5,000 CSCs. It will design and develop a digital curriculum, and provide digital training to 2.5 lakh rural entrepreneurs in over 3,000 villages.

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