Sanjay Malhotra, Secretary, Financial Services attends BoM Credit Outreach Program

Sanjay Malhotra, Secretary, Department of Financial Services addressing the participants of Credit Outreach Programme. 

Mumbai (Maharashtra) [India], September 7: Bank of Maharashtra (BoM) has organised a credit outreach programme on Saturday at Pune under which it has sanctioned loans worth more than Rs 1,000 crore. Sanjay Malhotra, Secretary, Department of Financial Services was the chief guest for the event. A S Rajeev, MD & CEO, Bank of Maharashtra, Bhushan Kumar Sinha, Joint Secretary, DFS, Ministry of Finance, A B Vijayakumar & Asheesh Pandey, Executive Directors, and General Managers, Bank of Maharashtra were present in the Credit outreach programme.

Financial Services Secretary, Sanjay Malhotra also visited self-help group stalls at the event and interacted with the members. He urged the bank to devise various banking products and services keeping the needs of customers at the centre, and considering customer satisfaction as top priority. He highlighted the growing importance of digital banking channels. He also interacted with the PMJJBY beneficiaries, who received the claim settlement. Sanjay Malhotra encouraged everyone to contribute in making our country “Atmanirbhar”.

Bank of Maharashtra, Managing Director & CEO, A S Rajeev said “the outreach programmes have become synonymous with our lending to retail, agriculture, MSME sector and the bank’s pivotal journey of financial inclusion, giving fillip to our efforts to serve the unserved and underserved.”

The bank is committed to lending under various flagship schemes and facilitating various social security schemes of Government of India, and will continue its efforts to deliver more through digitization, he said.

Earlier in the day, the secretary reviewed the performance of the bank where the top management led by the managing director A S Rajeev, executive directors A B Vijayakumar and Asheesh Pandey gave a comprehensive presentation about the business so far and the roadmap ahead.

If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

Business

Era of AI-driven jewellery design begins: ISGJ launches New GenZ campus in Surat

Surat (Gujarat) [India], November 8: Surat’s gem and jewellery powerhouse just got a futuristic makeover. The International School of Gems and Jewellery (ISGJ) has unveiled its Next GenZ Campus in Katargam — a space where diamonds meet data and design meets AI. The Sparkle of Innovation Surat’s diamond and jewellery ecosystem, already known for shaping […]

Read More
Business

Zam Zam Perfumers Redefines Indian Luxury with “The Elysian Collection” — Fragrance Stories of Heritage and Sophistication

New Delhi [India], November 8: Celebrating over three decades of olfactory excellence, Zam Zam Perfumers, India’s trusted name in non-alcoholic fragrances, proudly unveils its flagship luxury range — The Elysian Collection. Crafted for the modern connoisseur, this collection captures the soul of Indian perfumery while embracing international refinement. Founded in 1991 in the historic Hazrat […]

Read More
Business

Patel Retail Gets Technical Boost From Anand Rathi, Sees 14% Upside For Stock Price

Mumbai (Maharashtra) [India], November 8: Anand Rathi has featured Patel Retail Limited as its Pick of the Month, highlighting the company’s strong technical setup and potential short-term upside. According to the report, Patel Retail has exhibited a bullish divergence on the hourly chart, where the stock price has been forming lower lows while the MACD […]

Read More