Intel to sell products to boost RBI's fin inclusion program

Global chip maker Intel sees big opportunity in RBI's financial inclusion program and is all set to launch its Universal Handheld Device (UHD) for banking operations by the end of this year, according to a top company executive.

"The UHD reference design has been developed in India for Indian market. We are taking to companies, who are willing take it up with their brand name," said R Ravichandran, director (sales)-Intel South Asia. UHD is a compact instrument with seven inch screen and a biometric finger print readers along with a thermal printer, which can be used by business correspondents hired by banks to take banking to rural and remote areas of the country.