Bankers club inaugurated in Chandigarh

Aug 20, 2016 17:45 | Economy
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MR. R. GANDHI, DEPUTY GOVERNOR, RESERVE BANK OF INDIA INAUGURATED BANKERS’ CLUB, CHANDIGARH.

Chandigarh, August 20, 2016 (Kulbir Singh Kalsi):- On the initiative of Mr. Nirmal Chand, Regional Director, Reserve Bank of India, Chandigarh, Bankers’ Club, Chandigarh has been formed for Senior Bank Officers of various Banks operating in the Tri-city of Panchkula, Mohali & Chandigarh.  The Club has been joined by about 180 Senior Bank Officers from various banks.  The Bankers’ Club was inaugurated by Sh. R. Gandhi, Deputy Governor, Reserve Bank of India on 19th August, 2016 (Friday).  The first meeting/inaugural function was attended by all the members of the club.  The office bearers of the Club have been nominated as under:

1.     Mr. Nirmal Chand, Regional Director, RBI, Punjab,            -  President

Haryana and UT Chandigarh      

2.    Mr. Anil Kishora, CGM, SBI, LHO, Chandigarh                   -  Vice-President  

3.    Mr. P.C. Chaudhri, CGM, NABARD (RO, Haryana)               -  Vice-President

4.    Mr. P.M. Ghola, CGM, NABARD (RO, Punjab)                     -  Vice-President

5.    Mr. A.K. Dargan, Zonal Manager, PNB, Haryana Zone         -  Secretary

6.    Mr. Bhupinder Singh, Zonal Manager, Bank of India           -  Treasurer

While welcoming on the occasion, Mr. A.K. Dargan, Zonal Manager, Punjab National Bank, Haryana Zone and Secretary of the Club said that it is the momentous occasion that Bankers’ Club Chandigarh is being inaugurated by Mr. R. Gandhi, the noted luminary in banking & economics and all the senior bankers will be immensely benefitted with the words of wisdom, views and guidance of Mr. Gandhi which will also help the bankers to set priorities for future course of action.

Mr. Nirmal Chand, Regional Director, RBI, Chandigarh and President of the Club while speaking on the occasion said that in the present economic and banking scenario where rapid change is taking place, it was felt that there should be one platform where all senior bankers get opportunity to meet each other and share their thoughts.  He said that contemplation during the meetings of the Club will also evolve the innovations in banking services to be provided by various banks in the Region on uniformity basis.  He also apprised the members about the outstanding achievements of Mr. R. Gandhi at National and International Fora in the field of research for Micro-financing, MSME, banking, economics and role of IT in banking etc. 

While addressing the members of the Club Mr. R. Gandhi, Dy. Governor, Reserve Bank of India apprised the members about the various forthcoming challenges in banking in respect of expected squeezing of NIM (Net Interest Margin) due to international competition, shifting of traditional banking to the other new forms of banking dominated by Fintech and social banking.

He opined that bankers will have to sharpen their farsightedness for monitoring, control & in the treatment of the loan cases so as to pre-empt NPAs rather than the backward looking approach being in vogue at present.

Mr. Anil Kishora, Chief General Manager, State Bank of India and Vice-president of the Club proposed vote of thanks to Mr. R. Gandhi and the other 
Senior Officers present on the occasion.