Gramya Bank to open 500 new branches

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The Odisha Gramya Bank (OGB) has planned to open 500 new branches in 13 districts of the State to extend banking facilities in rural areas.This was informed by OGB General Manager MK Patra while inaugurating a loan recovery and credit linkage Mela here on Saturday.

He wanted strong credit linkage to explore opportunities in goatery and poultry farming in Mayurbhanj district through women Self-Help Groups (SHGs).

About `7.92 crore was recovered from 6,237 loanees of 43 branches in the Baripada zone. Regional Manager of Baripada zone PK Mohapatra presided over the function. A blood donation and eye testing camp was also held on the occasion.

NABARD AGM SK Das and GC Murmu of the Bank of India, the lead bank of OGB also attended the Mela. The OGB has adopted Badasole village under Baripada block to contribute towards its all-round development.

Daily Pioneer
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