‘Communication in local language will help banking’
The HinduIf bank personnel communicate with customers in the local language, it will go a long way in boosting the business, said Udupi Zilla Panchayat Chief Executive Officer Prateek Bayal in Udupi on Tuesday. Chairing the District Level Bankers’ Committee Review meeting at the district office complex, Rajatadri in Manipal, Mr. Bayal said if banks give 60% of the deposits as loans, as per the Reserve Bank of India’s guidelines, then it will help banks to improve the credit and dposit ratio. The official said banks in Udupi district have given ₹40.15 crore in loans to 131 beneficiaries under the Pradhan Mantri Employment Generation Programme to help entrepreneurs of the district develop livelihood activities and create employment opportunities. The official asked bankers to dispose at the earliest all pending applications related to Pradhan Mantri Vishwakarma scheme.
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Take help of the local staff if you don’t know local language, Kota tells bank branch managers
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