Business Bureau: THE opening phase of the bottom-up consultative process desiged to generate ideas and review performance of banks and their alignment with national priorities were conducted in most of the Public Sector Banks (PSBs) as per the direction of Department of Financial Services (DFS) Government of India Central Bank of India’s Regional level meeting was held on August 18 and 19. K K Kala, Regional Head of Nagpur, said, “All the 51 branches within the Region took part in the bottom line consultative and self-assessment, deliberated on the issues and evolved ideas on future strategy. The meet focused on the ways and means to increase credit to various sectors of the economy with greater IT.” Also present were Ashok Kumar Bharti, General Manager of Head Office Mumbai, Anil Kumar Atluri, Deputy Regional Manager and Milind Tare, Chief Manager.
Punjab National Bank, Circle Office Nagpur held the two days multi-level consultation meeting on August 17 and 18. Agyey Kumar Azad, Executive Director of the bank, presided over the meeting. Branch heads of all 70 branches attended the meeting. Azad addressed the role of banker in the uplift of Indian economy and betterment of common people’s lives. Hemant Kulkarni, Circle Head, and other senior officiers were also present. Allahabad Bank successfully conducted two days branch level consultation and ideation meetings towards aligning the business of the bank and national level mission mode on August 18 and 19. The meetings were held under the guidance of Sanjeev Kumar Suri, General Manager (HR); and Satish Kumar Sonkar, Zonal Head.
The branch level meet evoked good response from the grass root branch managers towards fulfilling the objectives and for creating a roadmap for the bank, review of performance of the branches during the last five years, synchronisation of business with area-specific issues, growth potential, etc. Bank of Maharashtra also completed the first stage of the bottom-up consultation process to generate ideas and review performance of public sector banks and their alignment with national priorities, at the Zonal Level on August 17 involving all branches within its zone.
Hemant Kumar Tamta, Executive Director of bank, and Manoj Kare, Zonal Manager, Nagpur Zone also participated in the process of generation of ideas and consultation. The meet deliberated on bank’s performance and its alignment with national priorities in areas such as credit for Infrastructure / Industry, credit to farm sector and blue economy, Jal Shakti, Housing loans etc. As a result of the consultations, a number of innovative suggestions came up on how public sector banks in general and Bank of Maharashtra in particular may improve its performance for achieving aspirations of various sections of the society and fostering growth in areas of national priorities. These suggestions collected at the bottom level by all banks will be sent for further discussions at the State Level Branch Committee (SLBC) and the later stage. After the state level bank committee (SLBC) level, final consultations will be held at the national level to compare both intra and inter-bank performances and to finalise the suggestions regarding the way ahead for implementation across public sector banks.