Comments
Gram-panchayat wise allocation of service area villages for banks in each district should be taken up on war-footing.
strengthen commercial viability
This would help strengthen the commercial viability of business correspondents, said Mr M.G. Sanghvi, Chairman and Managing Director, Syndicate Bank, and the Chairman – State Level Bankers' Committee – Karnataka, in a press release.
Syndicate, SLBC – Convenor, held a meeting of the lead district managers (LDMs) of Karnataka on Thursday in Bangalore.
Govt initiatives
Mr Sanghvi appreciated the initiatives taken by the Karnataka Government for the Bhoomi-Bank integration by computerising the land records of farmers enabling the bank branches for creation, modification and release of charge for sanction of agriculture loans.
Mr Ravi Chatterjee, Executive Director, Syndicate Bank, urged the LDMs to implement and operationalise Bhoomi-Bank integration in the four pilot districts — Kolar, Tumkur, Mandya and Mysore and take it forward to all the districts.
Transactions by all the banks should only be made online from April 1, he said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.