MoS Bhagwat K Karad Asks Banks To Treat Customers As God

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MoS Bhagwat K Karad Asks Banks To Treat Customers As God


Minister of State for Finance Bhagwat K Karad (File photograph)

India has now turn into the fifth largest economic system on the planet and is aiming to be a $5 trillion economic system underneath the steering of PM Narendra Modi, he stated.

Calling for additional enchancment in banking providers, Minister of State for Finance Bhagwat K Karad urged banks to deal with their clients as God.

Banks ought to give attention to enhancing their customer support and work in direction of decreasing ache factors, information company PTI quoted Karad as saying whereas addressing a Customer Meet programme organised by Bank of Maharashtra (BoM) earlier this week.

Karad additionally requested clients to be responsive and immediate in compensation of loans in order that banks are financially wholesome.

With regard to Kisan Credit Card (KCC), he urged banks for increasing the attain of KCC scheme to extra farmers and guarantee time-bound saturation.

The banking business must serve small and marginal farmers, youth and girls agripreneurs and act as catalyst for development, he stated.

India has now turn into the fifth largest economic system on the planet and is aiming to be a $5 trillion economic system underneath the steering of Prime Minister Narendra Modi, he stated.

A S Rajeev, managing director, BoM, stated, “The bank in its constant endeavour is focussed on creating an ecosystem with thrust on digitisation, ready to bring in desirable changes in line with the evolving technology, economy and needs of customers.”

“So far we have brought in a voyage of transformation with notable digitisation measures. We are taking sensible measures to create a highly customer-centric ecosystem with an array of most competitive products and services. Our expanding branch network across the country, with bouquets of services is sharpening our business pitch,” he stated.

(With PTI inputs)

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