Press
Release
United Bank of India signs MOU with West Bengal Khadi & Village Industries Board for collection of registration fees and distribution of Margin Money
United Bank of India, the Lead Bank in ten Districts and SLBC
convener of West Bengal is forerunner in lending through REGP (Rural
Employment Guarantee Program) in the Eastern and North Eastern parts
of the country for uplifting the economically backward people in
collaboration with the Khadi & Village Industries Boards of the
States. In West Bengal, to facilitate quick
collection of Registration Fees and disbursal of Margin Money Grant,
a Memorandum of Understanding was signed by the West Bengal Khadi &
Village Industries Board and United Bank of India in a momentous
function held at the United Tower, the Headquarters of the Bank at
Kolkata on 24th January, 2008. The Ceremony
is attended by Shri Manab Mukherjee, the Hon'ble Minister of Micro &
Small Scale Enterprises, Textile & Tourism of Govt. of West Bengal
as Guest of Honour; Shri R.Mutsuddi, Principal Secretary to the
Ministry and Dr.Prabir Banerjee, Special Secretary & CEO of KVIB as
the Chief Guests are honored and welcome by the Chairman and
Managing Director of the Bank Shri P.K.Gupta.
Dr.Prabir Banerjee, the CEO of WBKVIB and Shri Swapan Biswas,
General Manager (Marketing & New Initiative) of the Bank as signed
the MOU on their respective behalves. Dr. Banerjee through his
presentation has shown how UBI has been pioneering in the REGP
lending since its beginning registering about 42% growth. Shri
Biswas has emphasized that the MOU will enable WBKVIB for quick
remittance of funds through 705 branches of UBI and 547 branches of
Bangiya Gramin Vikas Bank in West Bengal.
Shri Manab Mukherjee has praised United Bank for taking the lead
share among the Banks in West Bengal in the progress of REGP in
which West Bengal is the numero uno performer in India. He stressed
the need of all round assessment for unsuccessful REGP schemes and
urged the field level functionary of KVIB to extend active hand
towards repaying the Bank's dues. Shri
P.K.Gupta the Chairman and Managing Director of the Bank announced
that the Bank will soon establish two more RUDSETI(UBI Rural
Development and Self Employment Training Institute) to impart
vocational & job oriented trainings to the beneficiaries under REGP/KVIC
soon, one of which is already operational at Rajpur. He thanked West
Bengal Government to consider UBI as the partner Bank in
implementing a number of socio-economic projects. Dated 24th January, 2008 |
