N railways GM inspects Anand Vihar Terminal
The Diwali - Chhat festivals are major travel times. Northern Railway makes elaborate arrangements for providing convenient and comfortable rail travel to its patrons. In this regard, Sh. Ashutosh Gangal, General Manager, Northern Railway inspected Anand Vihar Terminal Railway station, today, to oversee the preparations ahead of the festival season. He was accompanied by Sh. S.C. Jain, Divisional Railway Manager, Delhi, senior officers of Northern Railway and Indian Railway Station Development Corporation. Gangal, conducted a detailed inspection of the station premises, circulating area, the subway and the platforms. He also took account of the passenger amenities at the station. He was briefed by the officials regarding the Diwali-Chhat preparations, in terms of organized passenger movement, orderly train boarding/deboarding, additional food stalls, water, toilets and medical facilities, public announcement and display systems and security arrangements.
K Rizvi takes charge as HUDCO CMD
Kamran Rizvi, IAS, Additional Secretary, Ministry of Housing and Urban Affairs, assumed the office of Chairman & Managing Director(additional charge), Housing and Urban Development Corporation Limited.
Festive season hints economic boost: PNB MD
The nation's leading public sector bank, Punjab National Bank, (PNB) hosted a virtual press conference today to discuss its Q2 FY 2020-21 results. Sh CH. S. S. Mallikarjuna Rao, MD and CEO of the Bank, highlighted key point of the September-quarter result as well as the recent economic developments in the wake of COVID-19 pandemic. Shri. Rao said that the festive season will signal the economic revival and maintained the overall credit growth to grow at 4-6 per cent for the current fiscal though a more realistic picture will be known by December 2020. However, both home and auto loans have gained momentum and are heading to the pre-Covid-19 levels. Corporate loans also show resurgence, especially those from roads, steel, cement, healthcare and parts of infrastructure industries. He said the demand remains healthy and may improve further in the coming days.