Second stage of consultative process held


Panaji: Department of Financial Services has designed a bottom-up consultative process to generate ideas for alignment of the working of public sector banks (PSBs) with national priorities, says a press note issued here.

The first stage of the process was conducted by all the regional offices of SBI on 17th and 18th August 2019 by involving branches within their jurisdiction.

In the second stage, of this consultative process, a state-level bankers’ meeting was held on August 23 and 24 for collation and further fine-tuning ideas on 16 key performing initiatives (KPIs) including infrastructure, agriculture, MSME, export and retail sectors, green economy, financial inclusion, digital economy etc.

The suggestions and recommendations on alignment of banking sector with national priorities and the required enablers for moving India towards a $ 5 Trillion economy will be discussed at the national level, adds the release.

The meeting was attended by zonal heads of all PSU banks and senior officers from SBI, Mumbai, Vasudha Bhatt, CGM and Sanjay Kumar, GM and SBI Panaji team led by M V R Ravikumar, DGM. Further, Daulat Havaldar, Finance Secretary, S T Kannan, GM, RBI and  Kamakshi Pai, GM, NABARD also participated and gave their valuable inputs, concludes the release.