Home/rural_savingsSearch ResultsMeet The ‘Savings Agents’ Who Help Strengthen India's Rural EconomyBy Prabhat MisraPost offices in India provide banking facilities in the absence of banking institutions in the rural hinterland. About 89 percent of total post offices are located in rural areas. These post offices are the sole prospects of savings and investments for a large chunk of the rural population. In such a situation, the ‘saving agents’ serve as a vital link between the rural denizens and the post offices. Post offices in India provide banking facilities in the absence of banking institutions in the rural hinterland. About 89 percent of total post offices are located in rural areas. These post offices are the sole prospects of savings and investments for a large chunk of the rural population. In such a situation, the ‘saving agents’ serve as a vital link between the rural denizens and the post offices.
