Indian Bank launches recovery drive

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Indian bank having its Zonal Office at Bhopal with 94 branches within its administrative jurisdiction in several districts of Madhya Pradesh organised Early Morning Recovery Drive for recovery of bad loans/ NPA. Officers of different branches of the bank located in Bhopal, Indore, Gwalior, Raisen, Vidisha, Shivpuri, Dhar and other nearby districts participated in the drive. 

The officers went to the residences of the NPA borrowers in groups, very early in the morning and persuaded them for repaying their dues. The officers protested silently in front of the residence of the borrowers. The drive was undertaken under the able guidance of Zonal Manager Bhopal zone, Shri Manoj Kumar Bajpai, DZM, Shri Hemanta Bora, AGM Shri Rakesh Chaudhary and Chief Managers, Senior Managers, Officers from Zonal Office as well as Branch Managers and officers of different branches.

Recovery Team of the bank informed that the officers went to the residences of approx. 1100 NPA borrowers early in the morning from 7.00 AM to 11.30 AM during the last 3 days. The bank is hopeful of positive response from the borrowers and expects good number of Compromise proposals and recovery as a result of the drive. Bank plans to continue the good work in coming days also.

Daily Pioneer
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