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Monday 12 September 2011

CM asks Gramin bank to focus on rural economy

http://www.tripurainfo.in/Admin/ArchiveDet.aspx?WhatId=10094 

Agartala, Sep 12, 2011 : In order to boost the rural economy and to improve the socio-economic status of the rural Tripura, the rural banks would have to play a key role, said Chief Minister Manik Sarkar.

Speaking at the state conference of Tripura Gramin Bank Officer’s Association on Sunday, terming the Tripura Gramin Bank (TGB) as the ‘life line of Tripura’, Sarkar said, ‘we would not achieve the developed country status unless the economic uplift of rural India is materialized’.

Expressing his concern over the poor CD ratio of nationalized banks, functioning in Tripura, Sarkar appealed to the officers of TG B to improve the CD ratio (Credit deposit) in the state and initiatives for encouraging of self-entrepreneurships.

He also urged the TGB authorities to sanction more financial assistance to the Self Help Groups (SHGs) and farmers.

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