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odisha government will assist in opening 340 brick and mortar branches

in Business June 14, 2017 Comments Off on odisha government will assist in opening 340 brick and mortar branches 896 Views

Bhubaneswar:14/6/17; Addressing a State Level Bankers’ Committee (SLBC) meeting here, Finance Minister Shashi Bhusan Behera revealed that the state government will assist in opening 340 brick and mortar branches and 337 fixed-location business correspondent (BC) and ultra-small branches in unbanked gram panchayats in the next three years.

The State Potential Credit Plan for 2017-18 amounting Rs 66554.51 crore was prepared by the National Bank for Agriculture and Rural Development (NABARD). It was decided in the meeting that the revised target of Rs 60000 crore as against Potential Linked Credit Plan (PLP) of Rs 66554.51 crore in view of low achievement in the year 2016-17 and on account of demonetization pressure on banking sector. The minister also expressed concern over the declining trend of credit-deposit (CD) ratio in the state.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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