SRINAGAR: College of Agricultural Banking (CAB), Reserve Bank of India conducted a 5-day exposure programme for co-operative banks of the state.
The programme was conducted from 23 July to 27 July at the corporate headquarters of the State Co-operative Bank. Officers of all the co-operative banks of the state attended the programme.
According to an official handout, the principal objectives of the programme were to provide the participants an insight on the importance of financial inclusion, sensitsing them about tapping the potential business opportunities, risk management and profit planning and to provide inputs on emerging credit delivery channels and value chain financing.
Chairman, State Co-operative Bank, M S Dar inaugurated the programme. Dar expressed gratitude towards the visiting CAB faculty as well RBI and NABARD regional offices for lending their support to the initiatives being undertaken by the bank, read the handout.
Stressing on the need of trainings and exposure, Dar said that J&K State Co-operative Bank, being the apex co-operative credit organisation, was taking the lead role in knowledge up-gradation, skill development and inculcating professional attitude and approach among the employees of all the cooperative banks in the state.
He said that the bank has launched a human resource development project under which all the cooperative banks of the state would be provided a common platform and the objective of the project is to ensure that the officers of the cooperative banks were well equipped in technical and behavioural aspects to take on the challenges of working in present business environment, read the handout.
At the valedictory ceremony, Managing Director, State Co-operative Bank, M Lateif while distributing certificates of participation, thanked the RBI faculty as well as guest lecturers from NABARD and other banks for the smooth conduct of the programme. He said that the issues discussed were very relevant to the present business scenario and would help the participants to work efficiently and effectively in their respective organisations.
Lateif requested the CAB faculty to organise such programmes regularly promising all support from State Co-operative Bank.