Nationalised banks conducted brainstorming sessions separately at branch, zonal and regional levels to discuss on their targets and means to ensure inclusive development by advancing loans to priority and other sectors, here on Sunday.
The meetings were organised on the direction of the Department of Financial Services. The two-day meetings that began on Saturday concluded with the meetings where the bank authorities discussed threadbare the ground realities and the challenges ahead.
Responsive banking
The SBI top-brass said that the primary objective of their meeting was to identify and finalise ways and means to increase credit flow to various sectors, enhance use of technology to bring in innovation and enable big data analytics, and make banking citizen-centric and more responsive.
SBI DGM Satyanarayana Prasad, General Manager B.V.S.K.T. Bhaskar and Regional Managers S. Haritha Poornima, M. Srinivasa Rao, Y.V.S.S. Nageswara Rao took part in the meeting.
Canara Bank organised consultative meetings under the leadership of DGM D. Suresh and AGM A. Ramesh Babu.
Indian Overseas Bank Chief Regional Manager J. Ram Satyanarayana, who interacted with the bank officers in the city said for the first time the bank branches were asked to review their performance, discuss issues before banking sector and ideate future strategies. Andhra Bank, Indian Bank, Bank of India, Union Bank of India held similar discussions on how to improve their reach and achieve inclusive development.