Based on the reference provided, BLB is not explicitly defined. However, a similar term, Branchless Banking is mentioned, which provides financial services to customers without needing to visit a physical bank branch.
Branchless Banking (a possible interpretation of BLB)
Branchless Banking (RBB offers Branchless Banking) aims to extend financial services to unbanked communities, especially those who don't have easy access to traditional bank branches.
- Accessibility: It increases the reach of banking services.
- Inclusion: It helps in bringing the unbanked population into the formal financial system.