Palakkad on Thursday became the third district in the State to declare 100% digital enabled banking services. Banking services in Thrissur and Kottayam have already become digital.
Inaugurating ‘Digital Palakkad’ here on Thursday, V.K. Sreekandan, MP, said that digital banking services could not only reduce the use of currency, but also help people save their time and money. “Waste of time is a loss for the nation. The time thus saved should be used for other purposes,” he said.
However, Mr. Sreekandan called upon the banks to rise above technical formalities and show empathy towards poor people. “As Mahatma Gandhi advised, people in villages should be kept in mind whenever reforms are chalked out,” he said.
