United Bank of India (UBI), Ranchi Circle held a two-day strategic discussion programme following instruction of Department of Financial Services (DFS), Government of India concluded on Saturday and Sunday. The Bank held the meeting at the State Capital for its Brach Managers of all the branches in Jharkhand to gather suggestions in order to accelerate its key policies.

Joint Secretary DFS, Madnesh Kumar Mishra visited the State Capital to inform the bank officials and branch managers about importance of the programme. UBI Chief Regional Manager Sudhir Kumar Sinha motivated all the branch managers to accelerate distribution of Education Loan, Mudra Loan, and Farmers Welfare Schemes and to promote other Social interests banking facilities and services during the meeting.

Addressing a press meet on Sunday, Sinha said that in a first of its kind consultation, the branches were themselves engaged in self assessment, deliberations on the issues and evolved ideas on future strategy.

“The meet focused on the ways and means to increase credit to various sectors of the economy with greater information technology content to bring about innovation. The idea is to 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,” he added.

“Several topical themes such as Digital Payments, Corporate Governance in Public Sector Banks (PSBs), Credit for Medium Small and Micro Enterprises, Agriculture, Export Credit, Establishing Financial Grid and Enabling Bank Credit towards a dollar five trillion economy were discussed during the meeting with a view to chart out specific roadmap for PSBs,” said Sinha.