Masala Today

April 21, 2010 In a large public gathering Mr Pranab Mukherjee, Finance Minister, Government of India, today announced the disbursement of loan amounting to Rs 1. 25 lakh each to five Village Level Entrepreneurs (VLEs) of Srei Sahaj e-Village Ltd. Srei Sahaj e-Village Ltd is a private sector organization which has taken up the task of providing wide array of government services through the Common Service Centre (CSC) framework across rural India. The loan was disbursed by S. Sridhar, CMD - Central Bank of India at the inauguration of a Central Bank branch by Finance Minister Pranab Mukherjee at Margram in West Bengals Murshidabad district. In the presence of the Finance Minister Pranab Mukherjee, Srei Sahaj CEO Dr. Sabahat Azim, COO Lt. Col. Sinha and CMO Major Ashutosh, Mr. S. Sridhar announced, Central Bank of India and Srei Sahaj have partnered to provide loans to 3,300 VLEs in the state of West Bengal, Bihar and Uttar Pradesh within 3 months. This would be an active step in the im

Srei Sahaj e-Village Limited, a subsidiary of Srei Infrastructure Finance Limited, has joined hands with the State Bank of India (SBI), today to ensure financial inclusion of rural areas by offering SBI Banking services through Sahaj Rural Development Foundation (SRDF) through its Common Service Centres (CSCs) that Sahaj is setting up in the states of West Bengal, Bihar, Assam, Uttar Pradesh, Orissa and Tamil Nadu. Through this initiative, Sahaj will bring the biggest bank of the country to the doorstep of rural people. Srei Sahaj is committed to the task of eliminating the rural-urban divide and to make it happen, it has joined hands with State Bank of India to assist in financial inclusion by helping the rural population to enter the formal financial system by extending to them SBI banking services. Sahaj will offer its technology platform and its network of CSCs to the State Bank of India for Banking Correspondent SRDF. Sahaj will also provide other services like Insurance, Mutua