FROM A REPORTER
SHILLONG, Aug 8: IDFC Bank on Monday launched its services in Meghalaya by opening its first branch in the capital city of Shillong and setting up first-of-its-kind interoperable micro ATMs in the state’s rural locations. The branch was iugurated by state Community & Rural Development minister Prestone Tynsong. Speaking on the occasion, Dr. Rajiv Lall, Founder Maging Director & CEO, IDFC Bank, said, “IDFC Bank has chosen to establish presence in the North East in its very first year of operations. This shows its intent to achieve inclusive growth by expanding fincial access in under-banked locations.” He informed that the Bank’s plans for Meghalaya will be shaped by the state’s goal of fincial inclusion. “IDFC Bank will bring to citizens of Meghalaya, the convenience of doorstep banking, customised fincial products and increased access to capital for micro, small and medium businesses,” he said. The IDFC Bank’s branch, located in Shillong’s Demseiniong area, is powered by a custom-designed solar power system.