BOB Jamshedpur holds two day seminar on parameters of loans, advances

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Jamshedpur, Aug 19: Bank of Baroda (BOB) organized a two day seminar in which suggestions were considered on the broader parameters of loans and advances. A review of banking activities of all the bank’s branches of Jamshedpur Region was held and discussions on challenges before the banks and the future course of action to be adopted were undertaken. The bank’s The General Manager (Corporate, Retail Liability) Siddhartha Sen and Jamshedpur Regional Manager Jagdish Tungaria were present during the two day seminar.

The purpose of this two day event centered on stabilization of modalities in disbursal of enhanced loans based on various parameters of the economy, modernization and reviewing figures on a broader spectrum. The seminar also sought ways to make banking services more citizen oriented and ensuring better services to senior citizens, farmers, small and large business houses and manufacturing units, youth, students and women. The region wise facts and figures compiled for public sector banks by specialists were also discussed in the meeting.

Another realm of discussion was on advances for financial development, infrastructure, industry, farm sector, maritime resources and for avenues pertaining to government projects such as Jal Shakti, MSMI sector, Mudra loan, education loan, export business loan, Swachh Bharat, Financial Inclusion and Women’s Empowerment.

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