This document discusses the role of information and communication technologies (ICT) in rural banking. ICT can help increase access to banking services in rural areas by enabling services to be delivered in a more cost-effective way at villagers' locations. This reduces transaction costs and delays while improving service quality. ICT plays an important role by increasing effective access, improving service delivery, supporting governance of banking services, enabling financial inclusion, and promoting economic growth. Rural information infrastructure collects, stores, updates, consolidates, and processes data to provide customized offerings and store information digitally. This infrastructure underpins solutions like a rural credit delivery system and document management software.

1. ICT IN RURAL
BANKING
PREETHI A
II MBA (B&I)

2. Why rural banking?
An urgent need to deliver citizen services a cost
effective way
 Enable the ready access at the place of the
villagers
 Reducing transaction cost to make the
services affordable
 Reduction in delays
 Improving the quality of services available

3. Ultimate Goal Should Be..
3

4. Possible Rural Financial Inclusion
4

5. ROLE OF ICT IN RURAL
BANKING
 Increasing effective access
 Improving delivery
 Importance governance in banking services.
 Financial inclusion
 Economic growth

6. RURAL INFORMATION
INFRASTRUCTURE (RII)
 Collection,
 Storage updation,
 Consolidation and processing of the data
 Making customized offering;
 Information in digital form will be stored and
processed .

7. Rural Credit Delivery Solution using Digital
Rural Information Infrastructure

8. PDA Software
 Collection of data, documents and voice
 Envision Company
 Integrated with the RCDS System at the
backend to facilitate seamless data
transmission from the PDAs to the RCDS
Server using web services

9. RII-TECHNOLOGY SOLUTION
 PDA
 Data center
 CDMA
 Hub

11. Credit Rating Solution
 A credit rating solution for the rural individuals
was prepared using a separate model developed
for the purpose
 Likewise, a voice-based authentication system
was also developed for testing

12. Document Management Software
 Integrated with RCDS system
 Provides by STEX

13. BUSINESS PROCESS
AUTOMATION (BPA)
 Increased personal and organizational
productivity
 Better Decision Making
 Enhanced operational excellence

15.  Electronic Clearing Service (ECS)/National
ECS (NECS):
 National Electronic Funds Transfer (NEFT)
 Real Time Gross Settlement (RTGS) System
 Immediate Mobile Payment System (IMPS
 Automated Teller Machines (ATMs)
 Mobile Banking
 Electronically Know Your Customer (e-KYC)
 No frills account.

16. THANK YOU