Coordination meet to streamline banking sector
Bhubaneswar: In the wake of banking services getting badly disrupted due to the destructive trail left by Cyclone Fani, a State-Centre finance coordination meeting was held here on Thursday.
The meeting was attended by Union Finance Ministry’s Additional Secretary Debasish Panda, Finance Secretary Ashok Meena and officials of banks, insurance, telecom, RBI and state-level bankers’ committee.
Talking to mediapersons after the meeting, both the Secretaries stated that apart from Cooperative and Grameen banks, 1,934 branches out of 1,992 in the six coastal districts of Puri, Khurda, Cuttack, Kendrapara, Jagatsinghpur and Jajpur districts are functional. Besides, over 2,000 ATMs out of 2,921 are in a running condition.
Meanwhile, banks have also been asked to give priority to MSME, farmers, business and personal loans.