State level banker’s committee meeting was held at Hotel Japfu Kohima on June 7. AGM, SBI, RBO, Dimapur, A.K. Das chaired the meeting.
Chief secretary, Lalthara IAS while giving the opening remarks said the bank could be an agent of change. Citing the example of 2011 census of Nagaland, which was recorded as 19,80,602 on March 1 showing a decrease of 9434 persons from the population of 2001, he said that the result was the beginning of a positive change.
Emphasising on social changes, he said banking sector was one where a lot of things could be done. “The society require changes in attitude and also need to create sense of social responsibilities”, he said and added to change the attitude of the people we need to create public awareness.
He further lamented that loan recovery was very poor and was becoming a hindrance to development. “People taking loan from individuals repay it but when it comes to bank loans people think otherwise, this attitude needed to change”, he said. He reiterated on importance of banking services by engaging BCs in every village having populations of over 2000 to save the people from the clutches of individual money lender, where people pay high interest. He also said mobile banking, internet banking are available however many people are not aware of those facilities and felt awareness should be created.
Agendas discussed during the meeting were adoption of the minutes of last SLBC meeting held on March 15, action points emerged in the last meeting and action taken thereon; development in banking operation in the state; review of performance under annual credit plan (ACP) 2010-2011; adoption of annual credit plan (ACP) 2011-2012; review of performance under government sponsored schemes and KCC, GCC and SHG; review of progress- (a) Providing Banking Services by engaging Business Correspondents (BC) in every villages having population over 2000 (b) Opening of bank branches in un-banked blocks; allotment of land for setting up of RSETIs; Progress under Committee on Financial Sector Plan (CFSP); Recovery performance of banks; infrastructure support for essential services like electricity, telephone services, road connectivity and security of banks and agriculture and allied sectors.