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Our Bureau

Kolkata, Nov. 20

United Bank of India held an interface programme with NGOs on Sunday, the objective being to increase the existing credit exposure of the bank and assist the target agencies to expand their activities, said a Press release. The programme was attended by Ms Rekha Goswami, West Bengal Minister in charge of Self-help Groups and Self-employment, and Mr P.K. Gupta, CMD of UBI, among others. Ms Goswami lauded the bank for organising the programme with NGOs who, she said, play a vital role in promoting and nurturing self-help groups. According to the release, she handed over sanction letters to 21 NGOs totalling around Rs 10 crore for onward assistance to self-help groups.

Mr Gupta focused on the financial inclusion of the "poorest of the poor" and suggested the opening of savings bank accounts for all people eligible under the Reserve Bank of India guidelines.

More Stories on : Credit Market | Public Sector Banks | Rural Development | West Bengal

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