NABARD holds workshop for BMs of ACCB

Anantnag, Mar 2: NABARD on Saturday conducted a one-day sensitization workshop for Branch Managers (BMs) of Anantnag Central Cooperative Bank (ACCB) at the Head Office of the bank at Anantnag.

The workshop was aimed to sensitize the staff of ACCB regarding various credit-linked schemes, KYC, Financial Inclusion and other schemes related to the microfinance sector.

The workshop was inaugurated by DDM NABARD, Rouf Zargar and attended by General Manager ACCB Intikhab Deen, Deputy General Managers, and Branch Managers from various branches were present in the programme.

DDM NABARD through a PowerPoint presentation gave a detailed overview of NABARD’s role in the formulation, supervision and monitoring of credit schemes in the Agriculture and Allied sectors with a special focus on KCC, JLGs and loans to emerging FPOs.

He spoke at length about KYC AML Guidelines and the scheme on Financial Inclusion. He gave out the detailed process of applying and getting bank credit support for undertaking various economic activities in agriculture and allied sectors.

The scheme of availing crop loans through Primary Agricultural Cooperative Societies (PACS) was discussed. Besides the various initiatives of the Cooperative Ministry such as the World’s Largest Grain Storage Programme, computerisation of PACS and societies as Multipurpose Centers and Jan Aushadi Kendras.

He urged the Branch Managers to increase their reach out and create awareness among the farmers, fruit growers and youth to enable them to set up such units in the district. The banks were advised to follow the guidelines of the scheme and process the applications in a time-bound manner.