Expansion of services to customers and upgradation of facilities in the pipeline
GANGTOK: The Bank of Baroda, one of the premier banking institutions of the country, has a new address here in Gangtok.The swanky new premise of the Bank at the New Market here was inaugurated by P Wangdi, Controller of Accounts for Finance Department today morning in the presence of PS Joshi, General Manager (GM) for Bank of Baroda (Eastern Zone). In his welcome address, AK Singhi, Chief Manager for Bank of Baroda, Gangtok branch, said that the Bank, in the last 14 years, has recorded business transactions worth Rs 60 crores and recovered loans to the tune of Rs 26 crores. Mr. Joshi on his part highlighted that the new premises of the Bank, measuring on an area of 1200 square feet, is very spacious in comparison to its earlier location at MG Marg and that the presence of dedicated staffs has opened up floodgates for the Bank to reap numerous success stories at regular intervals. The NPA (Non-Performing Assets) level of the bank being very low, the Bank is sure to undergo a tremendous increase in terms of banking business by over 50 percent in the current year, he said. As the Bank celebrates its centenary year, it is now the responsibility of the existing staffs to put in their best and perform even better in the future, Mr. Joshi further added.The Chief Guest, P Wangdi, in his address to the gathering talked about Bank of Baroda, Gangtok branch being the oldest bank in the capital and its USP being offering best customer service to its customers and quantum of deposits facilities extended by the Bank. He was in all praises for AK Singhi and his dedicated staffs for having led the Bank to scale great heights as far as banking business was concerned. Mr. Wangdi also said that Bank of Baroda is in fact the very first bank to sign a Memorandum of Understanding with the Sikkim Government to help the locals avail of loans from the Bank. The need of the hour is the ATM facilities, which the Bank should focus on at present so as to attract the ever increasing customers especially from the younger generations and also to help the rural folks benefit from its resourceful banking facilities, he added.Likewise, PD Potnis, Assistant General Manager for Bank of Baroda, while addressing the gathering, stated that one of the main objectives of the Bank was to create a good and healthy relationship with its customers. The Bank’s future plans were also highlighted by him, which includes ATM facilities to come up by end of August this year, introduction of CBS (Core Banking System) provisions by August as well, e-banking, internet banking, mobile banking, amongst others. Upgrading of deposits in the Bank and provide locals with housing, educational and personal loans were also part of the Bank’s expansion plans, he added.The GM of the Bank handed over a taxi loan worth Rs 3, 40,000 in cheque to one Pempa Tshering Bhutia, while Mr. Wangdi handed over a housing loan to Ms. Sheela Chettri worth Rs 5, 50,000 in cheque on the occasion
Sikkim Served Fresh Daily
