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Prof K.V. Thomas, Minister of State for Consumer Affairs, Food and Public Distribution System, has said the Indian banking system has been strong and proved its mettle in the past, while the global financial sectors were in doldrums.
Presenting the “Businessman of the Year Award” instituted by the State Forum of Bankers' Clubs to NRI entrepreneur, Dr B. Ravi Pillai, here, the Minister commended the social commitments of Indian banks.
Prof. Thomas also presented the Banking Excellence Award for the Best Public Sector Bank to Mr N.S. Sreenath, Executive Director, Bank of Baroda.
Loans for farmers
The State Finance Minister, Mr K.M. Mani, who delivered the key note address, exhorted bankers to be liberal in financing the farmers and SMEs.
He presented the second Best Public Sector Bank Award to Mr A.M.M.G. Nair, Deputy General Manager, Corporation Bank, and third Best Public Sector Bank award to Mr Eapen Joseph, Deputy General Manager, Indian Overseas Bank.
Justice, Mr V.R. Krishna Iyer, presented the award for commendable performance in the rural development sector to Mr V.K. Saigal, Chairman, North Malabar Gramin Bank. Mr Paul Abraham, Chief Operating Officer, Indus Ind Bank, received Best Bank Award for the New Generation Sector from Justice, Mr V.R. Krishna Iyer.
Souvenir released
Mr K. Babu, Minister for Excise, Ports and Fisheries, released a souvenir and handed over the Best Private Sector Bank award to Karur Vysya Bank.
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