APEX bank NACH/DBT enabled
ITANAGAR, Apr 30: Apex Bank MD, T Thongdok on Saturday announced that the Apex Bank has been National Automated Clearing House (NACH) and Direct Benefit Transfer (DBT) enabled which will help customers receive the subsidy of cooking gas and food, old age pension, student stipend.
He said this while addressing the inaugural function of a 3 day-long review meeting of the Apex Bank at ATI, Naharlagun which was attended by the Branch Managers and officials from head office of the bank.
Thongdok also informed that the bank is implementing GoI Social Security Schemes like PMJDY, PMJJBY, APY, PMSBY besides, state government flagship programme in Tourist, Agriculture, Animal Husbandry & Veterinary, NSTFDC etc.
‘ATM card is also being issued for PMJDY account holders and the bank is planning to cover all the unbanked sub-service areas through its Micro-ATM and Fixed Customers Service Points, he said. He further disclosed that the bank will go for dairy development by organizing Dairy Cooperative Societies and issue 10000 Kisan Credit Cards during the current financial year through the Large Sized Multipurpose Coop. Societies at concessional rates.
Secretary (Coop.), Nani Mali in his address suggested the Bank to adopt latest technology in banking sector and provide services in the rural and unbanked areas of the state for which state government is ready to provide support to the bank.
He also agreed to help the bank by conducting internal audit through the departmental Auditors and Inspectors.
Joint RCS, R D Thungon also suggested streamlining the accounting procedure and submitting the returns to regulatory authorities on time. He also said that bank should improve its NPA position by recovering the loans with the help of state machineries.
RCS-Cum-Administrator, Rinchin Tashi and ATI Director, Pate Marik also spoke on the occasion.
Source:Arunachal Times
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