Urban Cooperative Bank Board Meeting

The meeting of the Board of Directors of Chittorgarh Urban Co-operative Bank was held under the chairmanship of Dr. IM Sethia, Chairman of the bank. In which many decisions were taken. In the meeting, it was decided to work on a campaign to provide loans up to Rs. two lakh to government employees immediately, to provide special business loans at low interest rates at all branches of the bank. A new branch of the bank will also open in Pratapgarh. For this, other work plans were finalized including location selection. Managing Director Vandana Vazirani said that strictness will be exercised in the discipline and discharge of the responsibilities of the employees. Directors Dinesh Sisodia, Ranjitsinh Nahar, Radheshyam Ameria, Vridhichand Kothari, Harish Ahuja, Kalyani Dixit, Hemant Sharma, Rajesh Kabra gave suggestions. In the meeting, discussions were held on the end of the financial year, review of interest rates, approval and renewal of loan proposals, service charges and contract renewal as per the norms of the Reserve Bank. In the meeting, discussions were also held on ensuring employees’ insurance, gratuity premium, budget compliance etc. under the Chiranjeevi scheme.