Bhubaneswar

Central Bank conference stresses on farm lending

PNS

The Central Bank of India, Bhubaneswar Region convened its 1st Business Conference on Sunday for the financial year 2013-14 here, which was attended by 57 Branch Managers of coastal Odisha.

The conference was inaugurated by the bank’s Field General Manager, Kolkata RK Arora. Arora advised the branch heads and other officials to give priority to agricultural lending by distributing Kissan Credit Cards to farmers of the State. As the Kharif season is in the offing, he asked to conduct special credit camps for farmers in fortnight intervals in rural and semi-urban areas.

Arora also laid emphasis on retail lending like opening of new Current A/c., Saving A/c. and home, education, mortgage, trading and vehicle loans.

DGM E Ratan Kumar wanted increasing priority sector lending targeting a business growth of 47 per cent. He also asked the branch heads to increase gold loan in 22 branches at present to boost agricultural and business activities in the State.