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- The van is designed to provide mobile banking services in remote and underserved areas.
- It runs entirely on solar energy, reducing dependence on conventional electricity and promoting sustainability.
- The initiative supports financial inclusion, allowing rural populations access to cash withdrawal and other ATM facilities.
- This innovation has already earned the SKOCH Silver Award for governance and innovation.
- It marks a national milestone in green banking, combining eco-friendly technology with rural empowerment.
- Overall, the project sets a benchmark for other banks to adopt renewable energy-driven financial solutions.
Question:
Q.1 Which bank became the first Gramin Bank (Regional Rural Bank) in India to introduce a solar-powered ATM van?a) Baroda UP Gramin Bank
b) Andhra Pradesh Grameena Vikas Bank
c) Karnataka Vikas Grameena Bank
d) Tripura Gramin Bank
Answer: d) Tripura Gramin Bank achieved this national milestone as the first Gramin Bank (RRB) to launch a fully solar-powered ATM van, promoting sustainable banking in rural areas.