The opening phase of the bottom-up consultative process designated to generate ideas and review performance of banks and their alignment with national priorities was conducted at the Zonal level on August 17 and 18, 2019 by Bank of India, Bhopal Zone, at Staff Training College Bhopal under the guidance of Viswanath Gunta, General Manager, Head Office, RK Gupta, DGM, National Banking Group, Ahmedabad & Pankaj Kumar Sinha, Deputy Zonal Manager, Bhopal Zone, involving all branches within the Zone’s jurisdiction.
In a first of its kind consultation, the branches were themselves engaged in self-assessment, deliberated on the issues, and evolved ideas on future strategy. The meet focussed on the ways and means to increase credit to various sectors of the economy with greater IT content to bring about innovation and leverage big data analytics.
The idea is to make banking citizen- centric as well as more responsive to the needs and aspiration of senior citizens, farmers, small industrialists, entrepreneurs, youth, students and women.
Several topical themes such as: Digital payments, Corporate Governance in PSBs, Credit for MSMEs, Retail, Agriculture, Export Credit, Establishing Financial Grid and Enabling Bank Credit towards a $5 Tn economy were discussed during the meet with a view to Chart out specific roadmap for PSBs.
The meet also reviewed the Bank’s contribution to various national priorities in 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 economy, ease of living, leveraging local potential.
