Dimapur, Dec 7 (MExN): In a bid to let more business folk access loans and to make them more aware of schemes the State Bank of India (SBI) has to offer them, the same organized a ‘Traders Meet’ at the premises of the SBI Chumukedima branch today.
S. D Agnihotri, the SBI Deputy General Manager of Nagaland, appealed to the business folk to take full advantage of the opportunity the SBI schemes are providing particularly for them while promising that Chumukedima will see ‘a world class bank’ in less than three months from now, which would be a great shift from the shabby SBI Chumukedima presently boasts of. K. W. Chyne, the Chief Manager (Advances) of the SBI Regional Office (R.O) Dimapur, talking to the correspondent pointed out that there are many people in Nagaland who either wants to establish business or want to enlarge their establishment. ‘But’, he went on to say, ‘owing to non-availability of capital or, more often, source for such a capital, these people often while away their time and talents’. ‘Thus this meet’ stated Chyne. He informed that the ‘meet’ was SBI’s effort to better understand the needs of the people, so that SBI could cater to the needs of the people and come closer to the people.
A trader pointed out that the bank’s recovery was poor because, he stated ‘It gives loans to the useless and not genuine entrepreneurs’. On this line Chyne said that the bank will now give loans only after proper scrutiniies and examinations. This meet was organized particularly for traders of Chumukedima, Naharbari and Purana bazaar. Chyne disclosed that around fifty traders from these areas have so far applied for loans. Along with Chyne, Four Deputy Managers (D.M) from the SBI (Bazaar and R.O branch), Dimapur, were also present at the meet to clarify doubts and to assist those availing, or desirous of availing loans. A D.M informed that it takes less than two weeks, from the day a duly filled form for loan is submitted, for the loan to be sanctioned and disbursed. Incidentally, there were more non-local traders present than local traders at the ‘meet’.
.jpg)
