SBI branches opened at Motbung, Jiri
Source: The Sangai Express / DIPR
Imphal, October 29 2021:
Chief Minister N Biren Singh has said that the State Government has implemented various schemes to achieve financial inclusion which is a National priority.
The Chief Minister said this during a credit outreach programme held at the Chief Minister's Secretariat today.
N Biren Singh and Union MoS for Finance Dr Bhagwat Kishanrao Karad inaugurated SBI branches at Motbung and Jiribam and an ATM booth at Imphal.
The programme was organised by State Bank of India (SBI), Imphal.
Addressing the gathering, N Biren Singh informed that the State Government is committed to providing financial inclusiveness, especially to support the marginalized and socio-economically neglected classes.
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He also said that Manipur topped the list of Micro, Small and Medium Enterprise (MSME) business registration among the smaller States in the country.
Under the MUDRA scheme, a total of Rs 356 crore has been made available to 45,349 beneficiaries, he said and maintained that around 7,466 beneficiaries have been benefited under PM SVANidhi scheme.
Speaking at the occasion, Union Minister of State for Finance Dr Bhagwat Kishanrao Karad said that under the leadership of Chief Minister N Biren Singh, the banking services have improved in the State.
The opening of bank accounts under Pradhan Mantri Jan Dhan Yojana in the State is far better than the National average, he added.
Saying that the Bank ratio per lakh is only 8 in the State while the National average is 40, Dr Bhagwat added that he had instructed the banks including private sectors to open their bank branches across the State.
Banks will also be organising door to door campaigns for opening individual bank accounts across the State, he said and added that Rs 65.50 crore will be disbursed to 1,570 beneficiaries under the Credit Outreach programme.
Deputy Chief Minister Y Joykumar Singh, Education Minister S Rajen Singh, Deputy Speaker of Manipur Legislative Assembly K Robindro Singh, Chief General Manager, SBI North East Circle RS Ramesh and others were present during the function.