Bank’s 18th Foundation Day
On the occasion of Paschim Banga Gramin Bank's 18th Foundation Day, the bank has joined hands with M-Swasth to inaugurate 18 E-Clinics within its branches.
On the occasion of Paschim Banga Gramin Bank's 18th Foundation Day, the bank has joined hands with M-Swasth to inaugurate 18 E-Clinics within its branches.
For NBFCs, loans with a ticket size below Rs 1 lakh constituted over 85 per cent of loan originations by volume in FY23.
The state government today asked banks to speed up the clearance of pending applications under Bhabishyat credit card and West Bengal Student Credit Card scheme (WBSCC).
All sectors including auto, banks, consumer durables FMCG, healthcare witnessed a positive performance in September.
Kumar, who is also a former State Bank of India chairman, added that the fintech companies are challenging the legacy system in an innovative way.
This trend is the likely to continue at least in the near term according to analysts, with high liquidity in the market post the measures announced by governments and central banks globally.
"Quick implementation of a sustained resolution plan by lenders for revival of every viable business," reads the statement issued by the finance ministry.
The topics on agenda include credit products and efficient models for delivery, financial empowerment through technology, prudential practices for stability and sustainability of the financial sector.
The move comes after an analysis of the grievances received by the Department of Pension and Pensioners' Welfare under the Personnel Ministry for the 65.26 lakh central government pensioners.
Indian societies run majorly on cash and banks play a crucial role in its existence. Therefore, the centre has exempted them the 21-day lockdown.