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.
In the event, the singular achievement is the five-day break ~ or nearly so ~ in the season of jollity. It beggars belief that for all the proud boasts of growth and development, the country has to make do without banking for close to a week. That very thought would be anathema in any civilised society.
He said that the banking sector should create conducive atmosphere for people to go for institutional loans.
The move by the central bank follows concerns over tight liquidity conditions and banks' unwillingness to lend to NBFCs.
However, interest on savings deposits has been retained at 4 percent, annually.
It said the week was starting with Janmashtami on Monday, September 3, and then the banks would go on strike for demands related to pension.
