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ES Reporter
ITANAGAR, Nov 27: Arunachal State Rural Livelihood Mission (ArSRLM) inked MoU with Arunachal Pradesh Rural Bank (APRB). Chief executive officer (CEO) cum SMD,ArSLRM- Tabin Siga and Chairman –APRB- Dr. Deepak Kumar Gupta signed the MoU .
Terming the day as historic for the state, Siga extended his gratitude to the APRB for coming to the fore to uplift the rural banking sector and to provide a banking system to every remote area. It will provide credit linkage to the villagers especially to the Women Self Helps Groups, he added.
He further appealed other banks in the state to come forward and ink similar MoU for the all-round development of the state from the grassroots level.
Speaking on the occasion, Chairman –APRB- Dr. Deepak Kumar Gupta stated that objective of the APRB is to reach the unreached. As of now we have 30 branches and our endeavour in the coming days would be to expand our branches in different districts. APRB was established about 40 years ago but the sad part is that it hasn’t flourished yet. This is the state’s own bank, it is the bank of the indigenous people of the state and so the objective of the bank is to confer all possible help for the upliftment of its people, he added.
He also disclosed that the bank has released at least crore of rupees as credit to different Women Self Help Groups in the state.
While briefing about the MoU, State Mission Manager (Financial Inclusion) ArSRLM- Hillang Tasap added the Mou has been signed for credit linkages of self help groups and orderly growth of Day NRLM programs in the state of Arunachal Pradesh. To ensure timely opening of saving bank accounts, timely credit to WSHGs, building capacities of ArSLM filed functionaries on the banking system. Training on microcredit plans by ArSRLM, to provide revolving fund and community investment and other required support are some of the major points in the MoU, he informed.