Itanagar: The Reserve Bank of India (RBI) is all set to open an office in Arunachal Pradesh.

This was informed by RBI executive director Surekha Marandi, who called on Arunachal Pradesh chief minister Pema Khandu at his office here on Friday.

Marandi told Khandu that the RBI was working on the modalities for opening its office within three to six months.

Expressing gratitude to the RBI, Khandu assured all assistance from the state government for the smooth establishment and functioning of its office in the state. He said it would ease up financial inclusions and transaction to a great level as the state has to depend on the RBI office at Guwahati for everything.

Marandi offered the assistance of the RBI in extending financial inclusion to unbanked blocks of the state.

She said the RBI is committed to extend banking facilities to the remotest parts of Arunachal Pradesh. She, however, sought the cooperation of the state government in providing digital connectivity which has become the core of all banking activities.

Marandi also suggested installation of V-SATS in areas where cable connectivity has not yet reached or is almost impossible in the near future.

Marandi suggested opening of customer service points (CSPs) in rural areas, which offer almost all banking services and sought the support of local administrations.

Khandu assured all possible cooperation and assistance and directed the state finance department to coordinate with the RBI.