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Majhi urges Centre to ask banks to open branches in all GPs of Odisha

The Political and Business Daily

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July 11, 2025

ODISHA Chief Minister Mohan Charan Majhi on Thursday urged the Centre to ask all banks at their apex level to open branches in unbanked gram panchayats (GPs) in the state.

- PBD BUREAU/PTI

Majhi urges Centre to ask banks to open branches in all GPs of Odisha

According to a release issued by the CMO, Majhi made this appeal to the Centre while participating in the 27th meeting of the Eastern Zonal Council chaired by Union Home Minister Amit Shah in Ranchi.

He pointed out that out of 6,794 GPs in Odisha, only 2,421 GPs have brick and mortar branches. The remaining 4,373 GPs do not have any brick and mortar branch.

Noting that the geographical penetration of banks in Odisha is quite low, the chief minister said there are 42,035 fixed point BCs (banking correspondents) operating in the state as on December 2024. However, BCs have their own limitations in terms of services offered and cash handling, he said.

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