0
0
Indian Postal Bank would be a game changer for the Banking & Financial system in the country: Secretary, DFS
Banks need to take advantage of such rapidly changing positive growth opportunities
Speaking on the occasion she said that with so many additional Postal Bank branches on the ground and expansion of the network ‘Bank Mitras’e a significant boost would be given not only to the financial inclusion of the programmes of Government but also to the development of last mile Banking operations in the country. She said that other established Banking Institutions should take advantage of the same.
Ms Duggal said that Banks need to fore see technological changes and strengthen inter-institutional arrangement to take advantage of the growth and expansion opportunities being offered by the development of all the sectors. She exhorted the Banks to stream line the system of the recruitment of ‘Bank Mitras’ and consider giving more functional autonomy to the Bank Branches in such matters.
Ms. Duggal appreciated the work done by the IBA in supporting the growth at social securities of government of India.
