Nation Other News 10 Sep 2021 Banking corresponden ...

Banking correspondents deployed in 6538 RBKs, says SLBC convener Bramhananda Reddy

DECCAN CHRONICLE. | DECCAN CHRONICLE
Published Sep 10, 2021, 1:07 am IST
Updated Sep 10, 2021, 1:17 am IST
Andhra Pradesh stood first in the lending of loans to small traders under Jagananna Thodu. —  Twitter
 Andhra Pradesh stood first in the lending of loans to small traders under Jagananna Thodu. — Twitter

VIJAYAWADA: State-level bankers committee (SLBC) convener Bramhananda Reddy said here on Thursday that banking correspondents were deployed in 6,538 out of 10,778 RBKs and steps are being taken to fill them in the rest of the units.

He said the northern states are also attracted by the programmes being implemented by Andhra Pradesh for self-employment of women like Cheyutha. MPs of Bihar and Uttar Pradesh have expressed interest in the way women run retail shops in alliance with major companies.

Reddy said Andhra Pradesh stood first in the lending of loans to small traders under Jagananna Thodu. Nabard chief general manager Sudhir Kumar Jannawar said complete digitalisation was done in YSR Kadapa district and this programme will soon be launched in Guntur and Srikakulam districts.

Union Bank of India executive director, D.K. Garg, said the programmes being implemented by AP have helped the state economy sustain itself even in catastrophic situations like the Covid19. “RBKs are beneficial to farmers and sale of seeds, fertilizers, pesticides and taking orders though kiosks are made easy in the current digital age.”

Finance minister Rajendranath, agriculture minister K. Kannababu, chief secretary Adityanath Das, agriculture special chief secretary Malakondaiah, housing special chief secretary Ajay Jain, finance principal secretary S.S. Rawat, Panchayat Raj and rural development principal secretary G.K. Dwivedi, Social Welfare principal secretary Sunitha, finance secretary Satyanarayana, Nabard chief general manager Sudhir Jannawar, SLBC convener Bramhananda Reddy and other officials were present. RBI regional director Nikhila has attended the meeting in virtual mode.

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