MoU Signed between NSCB & SOSWORD

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Dimapur, April 5: With a view to cater to the credit needs to improve the socio economic condition of the rural people at the grass root level through SHGs & JLGs with special focus in the un-banked areas of the State, Imtilemba Longkumer, Managing Director, Nagaland State Co-operative Bank Ltd, and Thuchu Pfithu, Director, Social Welfare Society for Rural Development, based in Wezihu, Meluri, Phek has signed a Memorandum of Understanding today.
As of now Meluri Sub-Division have 31 Villages and 3 Towns with only one Bank branch at Meluri as such to reach the unreached, these MoU was signed.
R Lipoktoba Aier, General Manager(Admn) NSCB, Bendangnungsang, GM(Cr), NSCB, & V K Disong, Manager, FIC, NSCB representing NSCB and Rev. Hopejoy President PBCC, Rev. Rumatho Nyusou Executive Secretary Pochury Baptist Church Council, Rev. Arhuchu Trakha, Chairman, SOWSORD and P Hurutsu, Accountant, representing SOSWORD were present during the occasion
The Bank is taking up vigorous initiatives to cover all the un-banked blocks of the State as per RBI directives on Financial Inclusion. (Page News Service)