State Bank of India (SBI) conducted a discussion session including branches within the jurisdiction of all 524 Regional Business Offices to generate ideas and review bank performance aligned with national priorities.
The first-of-its-kind discussion which happened on August 17 and 18 deliberate effort in designing the first stage of the bottom-up consultative process of the bank.
In Bhopal, the session was attended by Dinesh Kumar Khara, Managing Director (Global Banking and Subsidiaries) and Rajesh Kumar, Chief General Manager, Bhopal Circle (MP & CG).
Few of the suggestions which came forward during the consultation process were with regard to boosting MSME/ MUDRA/ Standup India penetration further accelerating the pace for financial inclusion, growth in farm sector and digital push among other topics.
While talking to media persons here on Sunday, Dinesh Kumar Khara, Managing Director, SBI briefed that the primary objective of this meeting was to identify and finalise ways and means to increase credit to various sectors of the economy, enhance use of technology to bring about innovation and enable big data analytics, and make banking, citizen-centric as well as more responsive to the needs and aspiration of senior citizens, farmers, small industries, enterprises, youth, students and women.
SBI collectively identified many implementable and innovative suggestions which can help to improve bank’s performance and establish future roadmap.
These suggestions were collated and have been sent to the Regional/ Zonal level for further discussions at the SLBC/ State level, along with comparative performance assessment of the branches under each region.
Later, bank has decided to take final consultation at the national level to compare both intra and inter-bank performances and to finalize the suggestions regarding the way ahead for implementation across PSBs.
The consultative process has resulted in a renewed sense of involvement and purposes down to the branch level and the bank is geared towards implementing the roadmap for the further, improving its performance and align itself to national priorities so that it may fulfill its mandate of partnering the Indian growth story.