Bring Back Lost Glory of Apex Bank, Says CM Pema Khandu

Our Correspondent

Itanagar: Arunachal Pradesh Chief Minister Pema Khandu has called upon the authorities of state-owned Apex Bank to tighten their belts to bring back its lost glory.

Khandu, who is on a whirlwind tour of West Kameng district since Thursday, while inaugurating a bank building at Bomdila on Friday, categorically said that the bank should be business oriented and called to upright the system of operations so that more and more customers could be attracted.

While recalling its past and the reasons behind the fall of the apex bank, the chief minister said that corruption in any level would not be tolerated and strictest actions would be initiated. He assured all possible support of the government, an official communiqué informed here on Saturday.

“Make this financial institution customer friendly and explore more on cashless transactions”, Khandu advised. In the digital world, technology has to be used to optimum in order to make the bank run, he added while advising to device innovative mechanism to attract customers.

He said, he linked the Arunachal Pradesh Cooperative Apex Bank with Sarkar Aapke Dwar Programme to ensure its reach to the remotest corner of the state. He added that Apex Bank could play a pivotal role in far flung villages and help the farmers especially in many ways.

Informing that credit deposit ratio is very less in the state, Khandu asked the Apex bank to lead from the front to address this challenge. He asked the bank authorities to ensure a foolproof recovery mechanism so that the people start building their trust and the bank eventually becomes their favourite financial institution, the communiqué added.

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