, Aug.18 (Maxim News): Bank of Borada conducted two-day consultative process, designed to generate ideas and review performance of all branches in Hyderabad and Telangana regions. The consultations were held on August 17 and 18.
Addressing mediapersons here today, P. Sreenivas, General Manager, said the suggestions are being collated and will be sent to higher authorities for further discussions at the SLBCs / Sate level, along with comparative assessment of the branches under each zone. Final consultations will be held at the national level to compare intra and inter-bank performances. He said the initiative was driven to seek ways and means available to increase credit to various sectors of the economy, enhance use of technology to bring about innovation and enable big date analytics and make banking citizen-centric as well as more responsive to the needs and aspirations of senior citizens, farmers, small industrialists, entrepreneurs, youth , students and women.
Sreenivas also said thematic papers by domain experts on various challenges facing the banking sector were discussed during the meet with a view to suggest reforms in public sector banks (PSBs). The meet also reviewed the bank’s performance and its alignment with national priorities in the areas such as credit support for economic growth, infrastructure / industry, farm sector and blue economy, Jal Shakti, MSME sector and Mudra loans, education loans, export credit, green economy, Swachh Bharat, financial inclusion and women empowerment, direct benefit transfers, less cash / digital exonomy ease of living, alignment with local priorities and corporate social responsibility. (Maxim News)
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