Silchar (Assam), Feb 9 : The United Bank of India (UBI) was committed to develop the socio-economic condition of the people of North East, particularly Assam, with special emphasis on the rural sector.
UBI Chairman and Managing Director Bhaskar Sen, inaugurating the Financial Literacy and Credit Counselling Centre here today, said the bank would give all assistance to people with their personal financial management as well as credit counselling.
This is the fourth centre in the country and the first in Assam with the bank planning to open seven more such centres in the near future and five of these will be in Assam, one in West Bengal and another in Manipur, he said.
The Bank has established nine Rural Self Employment Training Institute in India and of this one each would be established in Assam and Tripura.
These centres would give training in piggery, poultry, fishery and dairy to unemployed youths with the motive to establish new business and so far a total of 10,608 rural people has already taken training of which 4789 were women.
Sen said the bank was committed to improve Credit-Deposit ratio in Assam but there was some infrastructural and communication problems due to which it was not able to extend financial help or loans as needed.
In Assam, UBI has an important role to play with Lead Bank Status in 12 districts and trying to expand its branch and ATM services.
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