ITANAGAR, Aug 19: The regional business office (RBO) of the State Bank of India (SBI) here conducted the first stage of its ‘bottom-up consultative process’ on 17 and 18 August to review the performance of the bank, generate ideas, and examine the bank’s alignment with national priorities at the regional level.
Representatives of the SBI’s branches within the RBO’s jurisdiction attended the meeting, which was headed by Guwahati (Assam)-based SLBC DGM Susant Sahoo. The branches were asked to review their performance, deliberate on the issues before the banking sector, and ideate on future strategy, according to a release from the RBO.
The meet focused, inter alia, on ways to increase credit to various sectors of the economy, enhancing the use of technology, and making banking citizen-centric and more responsive to the needs of senior citizens, farmers, small industrialists, entrepreneurs, youths, students, and women.
The participants also reviewed the bank’s performance, and its alignment with national priorities in areas such as credit support, the farm sector, blue economy, MUDRA loans, education loans, financial inclusion, women empowerment, direct benefit transfers, etc.
The innovative suggestions that came up during the discussion were collated and sent to the zonal level for further discussions, along with the comparative performance assessment of the branches in each region.
The final consultations will be held at the national level to compare both intra- and inter-bank performances, and to finalize the suggestions regarding the way ahead for implementation across PSBs, the release stated.