ProMASS News
Agartala, Aug 18: In the first stage of bottom up consultative process, banks of the State held meetings and workshops today in Agartala. In the wake of Prime Minister Narendra Modi’s call to achieve target of $5 Trillion Economy – Banking sector of the country has decided to hold bottom up meetings with Branch level officers, collect views to improve the performance of the banks and identify problems hampering growth of the sector.
The Lead bank of the State UBI held meeting and brain storming session to point out performance of individual branches in the State. In the meeting DGM CRM (Tripura) Anand Kumar, AGMs Subrata Roy and Pintu Das Gupta and managers of 63 branches attended today’s meeting. Among various aspects, Bank officials discussed about performances on multiple issues like Credit support for economic growth, Farm sector and Blue economy, green economy. Moreover, bank officials also focused on citizen centric banking services particularly for senior citizens, farmers, small industrialists, women.
In the meeting branch managers also held intensive discussions on ground realities and problems in delivering services properly. Highly placed sources said, lack of adequate man-power is the main hurdle against smooth functioning of the banks. Explaining further, source said, there is only one person deputed for persuading loan-takers to pay for installments – shortage of adequate man-power is resulting in increasing NPA for banks.
Secondly, banks lack modern technology and using decade-old technology causing delay in delivering services. Also, the Central Government is stressing on digital payment system for reducing pressure on branches – however, realities indicate that only a handful of people are comfortable with digital system – while larger section, particularly in rural areas are heavily depended on manual service delivery system.
Besides, experts presented nine thematic papers on challenges that the banking sector is facing and suggested suitable reforms.
