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We should never forget the role PSBs have played in financial inclusion. These banks have been the backbone of the socio-economic agenda of the government. In a rural area, the role of a PSB is not confined to banking. It also encompasses a more holistic developmental agenda. PSBs are the one-stop shop for all financial needs of the rural populace, including insurance, financial literacy, remittance and receipt of welfare subsidies and grants, amongst others

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