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From L-R Harish
Chand, Dty. Zonal Head-Pune Zone,
D.K Panchori, DGM-Pune City,
K.K Choudhary,
Zonal Head - Pune Zone,
Nikhil Mohan, Regional Head - Pune District
Region.
19/8/2019
PUNE: Bank
of Baroda, India’s second largest public sector lender, had initiated a unique
consultation where 136 branches
located in Pune City Region and Pune District Region (Pune Rural & Solapur)
reviewed their performances, deliberated on issues before the banking sector
and ideated on future strategy.
The consultations were held over a period of two
days from August 18-19. The initiative was driven to seek ways and means
available 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 aspirations
of senior citizens, farmers, small industrialists, entrepreneurs, youth,
students and women.
Thematic papers by domain experts on various
challenges facing the banking sector were discussed during the meet with a view
to suggest reforms in public sector banks (PSBs). The meet also reviewed the
Bank’s performance and its alignment with national priorities in the areas such
as credit support for economic growth, infrastructure / industry, farm sector
and blue economy, Jal Shakti, MSME sector and Mudra loans, education loans,
export credit, green economy, Swachh Bharat, financial inclusion and women
empowerment, direct benefit transfers, less cash / digital economy, ease of
living, alignment with local priorities and corporate social responsibility.
As a result of the initiative, a number of
implementable and innovative suggestions have been arrived on how PSBs in
general and our bank in particular, may improve their performance. The
consultations for generation of ideas was conducted in a bottoms-up process,
which will be further discussed at the SLBC / state level and final
consultations will be held at the national level, to compare both,
intra and inter-bank performances, for way ahead implementation across PSBs.
The consultative process has resulted in a renewed
sense of involvement and purpose down to the branch level and the Bank is
geared towards implementing the road map for the future, improve its performance
and align itself to national priorities so that it may fulfill its mandate of
partnering the Indian growth story
.
.
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