Bank Of India organized Business Review Meet in Kolkata

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Managing Director & CEO, Bank Of India Shri Dinabandhu Mohapatra (2)
Managing Director & CEO, Bank Of India Shri Dinabandhu Mohapatra (2)

Bank Of India organized Business Review Meet in Kolkata

Kolkata, 19th May 2018: Bank Of India one of the largest PSU bank and first Indian bank to open an overseas operation has come a long way in her journey through the development and growth.

Managing Director & CEO, Bank Of India Shri Dinabandhu Mohapatra along with Executive Director Shri Atanu Kumar Das held Business Review Meet with the General Manager, NBG (East) Shri Abhijit Bose, seven local Zonal Heads and other executives of Bank Of India operating in the States of West Bengal, Odisha, Assam and North Eastern States.

Shri Mohapatra deliberated with the officials on giving boost to capital light credit growth in Retail and MSME sectors, including Home Loans and Gold Loans. The unique initiative of Ghar Ghar Dastak is continuing to bring customers in Bank’s fold.

The focus is on improving Bank’s bottom line with sustained quality credit growth in Retail & MSME sector and maximizing resolution in stressed assets.

Measures for resolution of stressed assets were also discussed in detail through available recovery measures like OTS, SARFAESI, and NCLT action. Shri Mohapatra briefed about the important role being played by Area Managers and Nari Morcha, a group of women employees of the bank who go for “Door to Door” campaign for NPA recovery. Also, to arrest the growth of NPA, Bank has created War Rooms at the Zonal office level.

For resolution of big ticket defaulters, Shri Mohapatra intimated that Bank has already approached NCLT in a number of cases and would continue to knock at the door of NCLT for speedier resolution of the cases.