Chairman cum Managing Director (CMD) of Canara Bank, Rajiv Kishore Dubey, on Friday said that the bank will increase number of its branches to 100 in near future by setting up new branches in Uttarakhand.
He also formally launched two new schemes of the bank to meet business related need of the Micro and Small enterprises.
Dubey, who inaugurated five new branches of the bank, said that the new branches would definitely play a crucial role in socio economic development of the State by making contribution.
The new branches have been set up at Ghansali, Herbertpur, Pilakhani, Kailaspur and Kumarkheda. He also opened Retail
Asset Hub, set up with an aim to accelerate the pace of distributing home and vehicle loans.
The loans worth Rs 105.80 crore were distributed to the customers under the newly launched schemes, including MSE Pragati and MSE Unnati. No collateral requires for loans upto Rs 10 lakh under SME Pragati. Similarly, one may seek loan upto Rs 100 lakh under SME Unnati.
Dubey appealed the people to take advantage of the two schemes.
He also said that the bank is planning to open an e-lobby, equipped with cash deposition, transaction, cheque deposition and various facilities. The e-lobby will work round the clock.
Dubey also called on Chief minister Vijay Bahuguna and gave him cheque worth Rs 5.28 crore for Uttarakhand Disaster Relief in Prime Minister Relief fund.
The amount was collection of a day salary donated by the employees of the bank for the cause.
He was accompanied by executive director PS Rawat, Chief General manager RR Sharma, and deputy general manager Ajay Kumar Gupta.