Champion Banks Receive Cash Awards for providing credit to Agriculture, MSME and Mission Shakti Group in Odisha

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Chief Minister Naveen Patnaik -file

By Our Correspondent

BHUBANESWAR:   Champion Banks Received Cash Awards for providing credit to Agriculture, MSME and Mission Shakti Group. Champion Banks for these 3 core sectors received Rs.5 lakh for first prize, Rs.3 lakh for second prize and Rs.2 lakh for third prize.

Chief Minister Naveen Patnaik graced the occasion and gave away cash awards to Champion Banks for providing credit to these core sectors at function held at the Convention Centre in Loka Seva Bhawan on Saturday.

CM Patnaik congratulated all the award winning banks and hoped that these banks will be an inspiration for other banks for enhancement of credit disbursement to these priority sectors.

Finance Minister Shri Bikram Keshari Arukha,  Principal Secretary Finance Shri Vishal Dev welcomed the meeting and Director Institutional Finance Pragyanasmita Sahoo proposed the vote of thanks.  Among others, Development Commissioner-cum-ACS Smt. Anu Garg, Principal Secretary Agriculture & Farmers Empowerment Dr. Arabinda Kumar Padhee, Principal Secretary MSME Shri Saswat Mishra, Commissioner-cum-Secretary Mission Shakti Smt. Sujata R. Karthikeyan,  Regional Director RBI Shri Sarada Prasad Mohanty were among those present.

In the farm sector lending, the SBI Jaipatna ADB branch Kalahandi received the first prize,  Axis Bank Berhampur branch received the second prize and  SBI Semiliguda branch Koraput received the third prize.

For MSME lending, Bank of India Jayadev Vihar Branch Khurda received the first prize,  PNB Balasore branch received the second prize and UCO Bank Jaypore branch received the third prize.

For lending to Women SHGs, UCO Bank Bhogarai Balasore received the first prize,  SBI Salepur ADB Cuttack received the second prize and SBI Sadheipalli Sundergarh received the third prize.

Besides as best performing banks, the following banks were felicitated by the Chief Minister for the year 2022-23. Odisha State Cooperative Bank for agriculture, SBI for MSME,  Odisha Gramya Bank for Women SHGs  were felicitated.

Similarly for the year 2021-22, Khurda for agriculture,  Cuttack for MSME and Balasore for WSHGs were felicitated as Best Performing Districts.

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