Alo Libang appeals Apex Bank employees “work dedicatedly to earn the lost glory “



“Apex Bank Staff should work dedicatedly to earn the lost glory and build public confidence” said Alo Libang, Hon’ble Minister, Cooperation, RD & PR , while  inaugurating  the first ATM booth of the Bank at Women Branch, Naharlagun in a small but impressive meeting on 21st  Dec 2017.

He congratulated the management and Employees of the bank and urged to complete installation of another 37 ATM Machines in all the district branches which will go a long way in digitalization of the Apex Bank under the Cooperative Sector. He assured to impress upon the State Govt to park the State Govt Funds with the Bank.

B Gammeng, Jt RCS, Govt of AP has lauded the bank for launching the ATM which will be immensely beneficial for the people of the State. He advocated for 3 tier system of  Cooperative Credit Structure for judicious deployment of funds locally.

Habung Lampung, APCS, Administrator of the bank termed the occasion as the historic and good day for the Apex Bank. He also  appealed the officers to  change their mind set and working culture  and work with a target for achievement of good results.

He apprised that with a view to  improve the performances of each branch, branch-wise target were given which are to be achieved within 3 months time period on important indicators like recovery, Public / Govt Deposits, Number of Customers, CD ratio, ATM/Debit Card users etc. subject to close monitoring from HO level every month.

The commissioning of the lone ATM Booth  was also a result of time bound target framed earlier, he said. Further the bank is setting Recovery Cell and Corporate Cell at HO level for smooth control and  functioning of the bank.

The bank starts with a humble beginning by achieving a ATM booth of its own at a convenient place like medical where no other ATMs are available, specially shall serve the purpose of medical patient.

He also felt that bank should carry digital camps jointly with other activities like Sachch Bharat Mission etc to attract more gathering. He appealed the State Govt to park all flagship programme Funds with Apex bank as the Bank is now live on PFMS.

The Special Guest –  Gyanendra Mani, GM, NABARD has suggested to make awareness of the banking services through the 300 nos of Go Digital Campaigns sanctioned by NABARD to Apex Bank.

He has also urged to increase the business by Deposit Mobilization & Recovery of NPA loans and by taking  advantage of  Govt Sponsored Schemes like Chief Minister’s Krishi Rinn Yojana, Din Dayal Upadhyaya Bunkar Yojana etc.

Earlier, in his welcome address, Tsering Thongdok, Managing Director, said that the opening of Apex Bank own ATM booth , a golden moment for us and the bank is proposing to have another 37 more ATM machines  installed in its all branches under the support of State Govt.

The Bank is issuing 4 type of ATM Cards eg Rupay PMJDY Debit Card, Rupay Debit Cards, Rupay KCC Cards and Rupay Mudra (Yet to launch) he said. He also said that inspite of being in CBS platform, the bank was lagging behind than the other banks due to not having its own ATM booth,  now as bank has launched , bank is at par with other Commercial Banks.

He also dealt in length on the plan of the bank to implement the FI plan with the support of State Govt. for setting uo 200 nos of Fixed CSPs through Micro ATMs and  Vsat with solar power back up.

The programme was attended by Members of Coop Federation, departmental Officers,   Bank officials and general public.


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