NStCB sets Rs 15 cr profit target for DAP 2019-20

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Dimapur, April 26: The annual Branch Managers Conference of Nagaland State Cooperative Bank was held Friday in the H.O. of the Bank at Dimapur under the theme “NStCB to a New Height” to review the development action plan (DAP-2018-19) where the Bank has earned a profit of Rs 907.03 lakh. The conference also set a profit target of Rs 1500 lakh under DAP 2019-20.
Chairing the meeting, vice chairman of the bank, Kekhwengulo Lea expressed optimism that the professional work force of the bank shall take the competitive market as a challenge and opportunity to elevate its profits in the coming year. He said that the DAP is a major yardstick for elevating the financial parameter of the bank, including profitability, and called upon the employees of the bank to work more unceasingly to bring the bank to new height by achieving the projection under DAP.
Thsapongkyu Sangtam, L.N Ngullie, Zandi Domta, Dr YY Kiokon and Nungsang Aier, Board of Directors respectively and HC Biswas, Assistant General Manager, NABARD, R.O Nagaland were present and exchanged ideas in the conference. R Lipoktoba Aier, Managing Director gave the key note address and thanked the officials of the bank in their effort in elevating the bank to its present status.
Abhijit Kumar Deb, Ningsangwaba, Bendangnungsang and D Sale, General Managers respectively initiated the DAP proceedings.
Earlier welcome address was delivered by D Sale and vote of thanks was pronounced by AK Deb, General Manager.
(Page News Service)