As per Census 2011, 58.7% household are availing banking services in the country.

Under the Swabhimaan campaign, the Banks were advised to provide appropriate banking facilities to habitations having a population in excess of 2000 (as per 2001 census) by March 2012. The banks identified approximately 74000 habitations across the country having a population of over 2000 for providing banking facilities. As per reports received from Banks, 74351 villages with population of above 2000 were covered with banking facilities either by branches or Business Correspondents or mobile banking by March 31, 2012.

In order to extend the banking network in unbanked areas, general permission has been granted by Reserve Bank of India (RBI) to domestic Scheduled Commercial Banks (other than Regional Rural Banks) to open branches/mobile branches/administrative offices/CPCs (Service Branches), (i) in Tier 2 to Tier 6 centres (with population upto 99,999) and (ii) in rural, semi-urban and urban centres of the North-Eastern States and Sikkim subject to reporting. RBI has advised banks that while preparing their Annual Branch Expansion Plan (ABEP), the banks should allocate at least 25% of the total number of branches proposed to be opened during a year in unbanked rural (Tier 5 and Tier 6) centres.

It has been announced in the Union Budget 2014-15 that a time bound programme would be launched as Financial Inclusion Mission on 15th August this year to provide all households in the country with banking services.

This information was given by the Minister of State for Finance, Smt. Nirmala Sitharaman in written reply to a question in Lok Sabha today.

Financial inclusion mission to extend household banking access, backed by RBI branch opening permissions and ABEP targets. A national Financial Inclusion Mission will start on 15 August 2014 to provide banking services to all households, building on the Swabhimaan campaign which covered over 74,000 habitations by 31 March 2012 through branches, Business Correspondents and mobile banking. The Reserve Bank of India has permitted scheduled commercial banks to open branches and service outlets across Tier 2-Tier 6 centres and in the North Eastern States and Sikkim, and directed banks to allocate at least 25% of new branches in unbanked rural (Tier 5 and Tier 6) centres within their Annual Branch Expansion Plans.