Take help of the local staff if you don’t know local language, Kota tells bank branch managers
Udupi-Chikkamagaluru MP Kota Srinivas Poojary on Saturday, directed branch managers of Nationalised Banks to avail assistance from local staff in disposing off various applications from beneficiaries if they do not understand Kannada. Chairing the District Bankers’ Committee review meeting at Manipal-Udupi, Mr. Poojary said branch managers at no point of time should refuse to entertain applications for financial assistance on the grounds of language. Lead Bank Canara Bank’s Regional Manager K. Shreejith said credit disbursal in the district has improved to ₹19,535 crore with a net increase of ₹1,787 crore showing 10.06% growth over the last year. Mr. Shreejith said banks have disbursed ₹1,979 crore loans to the MSME sector, recording 57.76% achievement against the annual target.












Dear Jaitley, don't be a Chidu; forcing banks to lend now to corporates can backfire


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