The State Bank of India along with its focus on completing their target in Government-sponsored schemes would surpass the budget in PMEGP and Mudra, said SBI Bhubanesewar Circle CGM Chander Sekhar Sharma.
The SBI has aimed to disburse Rs 1,000 crore for the export sector in the current financial year 2022-23 and till date already it has disbursed Rs 300 crore. This year, the SBI has set a target to increase 300% in export finance, he told.
The bank would also focus on start-ups, real estate, SME, new ethanol projects and infrastructure development projects of religious places, he told.
Sharma said the bank has set a target of disbursing Rs 2,000 crore and Rs 1,000 crore to SME and real estate sectors, respectively. Apart from this, the bank has set a growth target of Rs 15,000 crore and Rs 50,000 crore in adavances and deposits respectively.
Sharma declared to establish felicitation for media people in print media and electronic media. The awards are Biju Pattnaik Award for social reporting, RK Talwar Award for financial reporting and Kalinga Award for reporting sports and youth affairs. The awards would be given on January 26 every year, he told.