Chief Minister Neiphiu Rio inaugurating the Customer Service Point office at Kigwema on March 14. (DIPR Photo)
Kohima, March 14 (DIPR): Nagaland State Chief Minister, Neiphiu Rio on March 14inaugurated Customer Service Point (CSP) of banking correspondent at Panchayat Hall Kigwema Village.
In his inaugural speech he stated that the success implementation of this project would go to other villages of the state. He said that opening of this CSP Banking Correspondent is to provide loan to all the villagers of the rural areas and called upon the villagers to avail the opportunity. Today some people lent money at the rate of 10% per month whereas Bank provide loan at the rate of 1% per month, where Rio said that people lost their belonging or fail in their business due to high rate of interest charged by the public and encouraged the gathering to avail loan at the lowest rate of interest. Rio also said that college students are encouraged to open their Bank Account to draw their scholarship for easy transaction and further added that within six months about 50000 people has opened Bank Account in the state. He said that many of our people take loan and not pay/refund the loan in time. One must know the procedure to seek loan from the bank and pay back the loan in time, one must also get insured from the insurance company so that if their business failed they can get compensation from the company, Rio said.
The inaugural programme was chaired by MLA, Advisor IT & C, Vikho-o Yhoshu while the invocation was pronounced by Pastor, Kigwema Baptist Church, Zhavi. Chairman, Kigwema Village Council, Zapuo Zhasa delivered the welcome address and AGM, State Bank of India, RBO Dimapur, A.K. Das gave a briefing on CSP. Short speeches were also delivered by K. Ashi Khieya OSD (Revenue) Finance Department, N. K. Gayan G.M RBI, Guwahati and Tilok Das DGM SBI Guwahati. Cultural item was also presented by Kigwema Village and vote of thanks was proposed by VDB Secretary Kigwema Village, Thorie.
In his inaugural speech he stated that the success implementation of this project would go to other villages of the state. He said that opening of this CSP Banking Correspondent is to provide loan to all the villagers of the rural areas and called upon the villagers to avail the opportunity. Today some people lent money at the rate of 10% per month whereas Bank provide loan at the rate of 1% per month, where Rio said that people lost their belonging or fail in their business due to high rate of interest charged by the public and encouraged the gathering to avail loan at the lowest rate of interest. Rio also said that college students are encouraged to open their Bank Account to draw their scholarship for easy transaction and further added that within six months about 50000 people has opened Bank Account in the state. He said that many of our people take loan and not pay/refund the loan in time. One must know the procedure to seek loan from the bank and pay back the loan in time, one must also get insured from the insurance company so that if their business failed they can get compensation from the company, Rio said.
The inaugural programme was chaired by MLA, Advisor IT & C, Vikho-o Yhoshu while the invocation was pronounced by Pastor, Kigwema Baptist Church, Zhavi. Chairman, Kigwema Village Council, Zapuo Zhasa delivered the welcome address and AGM, State Bank of India, RBO Dimapur, A.K. Das gave a briefing on CSP. Short speeches were also delivered by K. Ashi Khieya OSD (Revenue) Finance Department, N. K. Gayan G.M RBI, Guwahati and Tilok Das DGM SBI Guwahati. Cultural item was also presented by Kigwema Village and vote of thanks was proposed by VDB Secretary Kigwema Village, Thorie.
