From our Correspondent
Itanagar, July 5: Arunachal Pradesh Minister for Co-operation and State Transport Services, Jarkar Gamlin has appealed to the management and employees of the Arunachal Pradesh State Co-operative Apex Bank (APSCAB), to work sincerely in order to bring back the lost glory of the bank.
Inaugurating the 32nd Apex Bank branch at Chimpu, Gohpur tinali yesterday, Gamlin said the Bank should learn a lesson from the past and previous mistakes should not be repeated at any cost in future. He assured that the State government would extend full support to the development of Apex Bank, if and when required.
Cooperation secretary, T T Gamdik in his address, asked the Bank employees to provide satisfactory services to the customers for expansion of bank business and mutual growth.
NABARD GM, Dr P Radhakrishnan appreciated Apex Bank for opening a branch in un-banked area and appealed for formation of SHGs. “NABARD will extend all possible help to the Apex Bank for implementation of NABARD’s schemes,” he assured. The APSCAB has decided to introduce core banking system (CBS) in all the Apex bank branches by December 12, said Apex Bank Managing Director Tsering Thongdok. A training centre for bank staff and LAMPS has already been established and steps are being taken to open mini bank branches and extension counters to provide banking service at the door-step of the people, Thongdok added.
The MD further informed that LAMPS would be encouraged to undertake banking business for the benefit of large number of customers.
Highlighting the brief history of the bank, Thongdok said, the bank deposit has increased to nearly Rs 100 crores as on March 31 this year, from around Rs 48 crores in 2010. The bank is also extending loans to weaker sections of the society, he added.