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All branches of citizen’s cooperative bank being computerize
8/6/2011 10:06:48 PM
EARLY TIMES REPORT
JAMMU, AUG 6:-
The board of administrators of ‘The Citizens’ cooperative bank Ltd, in a meeting held under the chairmanship of divisional commissioner Dr. Pawan Kotwal, impressed upon the officers and staff of the bank to strive hard for effecting recoveries in NPA loan accounts. Board also impressed upon the defaulter to clear their default in loan accounts at the earliest to avoid any embarrassing position as the bank is all set to take all measures for effecting recovery including confiscation of securities, and publishing the names of the chairman of the bank assured all help from administration for effecting these recoveries under law. Board also reviewed the progress of shifting of R.S.Pura branch to the new premises at main road near to bus stand R.S.Pura and also decided to get computerization of all the branches of the bank under Core Banking Solution Scheme.
Board also decided to cause the elections to the managing Committee of the bank well within the expiry of the term of Board of adminstrators.
Diatrict audit officer copperative societies, Yasir Arafat, Th. Chhatter Singh and Ashok Goswamy, Managing Director of the bank attended the meeting.
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