Dimapur, June 16: Ministry of Rural Development, Government of India has awarded National recognition commendation to the Nagaland State Cooperative Bank for outstanding performance in SHG Bank linkage during 2018-19. The commendation credential was received by A K Deb, General Manager, NStCB on June 11 at New Delhi from Sanjeev Kumar, Additional Secretary and Financial Advisor, Ministry of Rural Development, Government of India in a brief function .
The progress of the working of the bank vis-a-vis SHG Bank linkage under National Rural Livelihood Mission (NRLM), a flag ship programme of the Government of India was deliberated upon by the Senior Executives of the Bank along with Kekhwengulo Lea, Vice Chairman of the bank and Rajuselie Lhousa, Programme Manager (FI) NRSLM on June 13 in the head office.
Bendangnungsang, General Manager (Credit & Recovery)while highlighting the SHGs Saving and Credit Linkages programe of the bank informed that of the 6500 Saving Linkages more than 4000 SHGs had credit linkages with amount surpassing Rs.65 crore as on 31.03.2019.
Further he reaffirmed the Bank’s commitment to poverty alleviation and economic sustenance of the Rural masses with special focus on women SHGs under NSRLM.
Rajuselie Lhousa lauded the bank for its initiative in elevating the rural economy of the state by extending financial assistance to women SHGs in large number and expressed belief that the bank will continue to nurture and support the SHGs under NSRLM.
Kekhwengulo Lea, Vice Chairman of the Bank expressed happiness on the working of the bank. He called upon the employees to continue in the spirit of cooperative Development and to take the bank to a new height.
He said the robust financial health of the bank is necessary to carry forward the development of the rural economy of the state. A K Deb General Manager(Accounts & MIS) highlighted his interaction with the officials of Ministry of Rural Development Government of India at New Delhi.
Bendang GM(cr) & Rvy) chaired the meeting and delivered the welcome address. And Vote of thanks was articulated by Nungsangwaba, General Manager(Admn & Vigil).
(Page News Service)