ANSCB launches all women modernized bank branch at Garacharma

Port Blair
20 Apr 2017

The Andaman & Nicobar State Cooperative Bank has inaugurated its modernized all women bank branch at Garacharma-II on Wednesday. Mr Hament Bhasker Songadkar, General Manager, NABARD, Port Blair was the chief guest on the occasion. The programme was also attended among others by Mr Bhagat Singh, Chairman, Cooperative Bank, Mr. Ravinder Rao, Managing Director, ANSCB, Smt. Saraswati Narayan, Ex-Pradhan, bank officials and a large gathering of local residents of the area. Mr Hament Bhasker Songadkar, General Manager, NABARD, Port Blair along with Mr Bhagat Singh, Chairman, A & N State Coop. Bank unveiled the plaque and inaugurated the modernised all women branch by cutting the ribbon.
Mr Hament Bhaskar Songadkar  in his key note address informed that the main motive of NABARD is “reaching to the unreached in time-bound manner at an affordable rate”. He further informed that A & N State Coop. Bank is rendering its banking services through its 41 Core Banking branches across the Island, which is one of the greatest achievements. The NABARD has set up Financial Literacy Centres at Rangat, Mayabunder, Diglipur, Chouldari, Hut Bay, Nancowry and Campbell Bay in association with Coop. Bank to spread financial awareness across the Island. He also informed that NABARD has set up PACS Development Cell in Cooperative Bank to strengthen the Cooperative structure. At the end, he conveyed his best wishes to the Management of A & N State Coop. Bank for the commencement of an Innovative All Women Branch, which is first of its kind in A & N Islands.
In his address, Mr Bhagat Singh, Chairman requested the august gathering to propagate the various schemes of Govt. of India/Administration like Pradhan Mantri Suraksha Bima Scheme and Pradhan Mantri Jeevan Jyoti Bima Scheme among the bank customers and villagers. He also emphasised that the modernised branch is functioning under the CBS platform and recording each and every financial transaction digitally without any human error, ensuring the perfect recording of  the transaction. He urged all the people of the area to come forward and open their savings A/c with the bank and avail the benefits of ATM. He has informed the people present on the occasion that the ANSCB is issuing instant Rupay debit cards which are assessable in ATMs of all banks and the ATM cards of all banks are accessible in ANSCB ATM.
Welcoming the gathering, Mr Ravinder Rao, Managing Director (MD) has informed that ANSCB, Garacharma II has added one more feather to its banking fold by the inauguration of its Modernised All Women branch for the people. He further informed that ANSCB, Garacharma II had commenced its banking services in the year 2001. The branch has a deposit of  Rs. 19.00 crores and advances of Rs. 8.00 crore. He also urged all the general public to come forward and avail ATM services of the bank. He also asked the general public to be cautious with their ATM Pin and other details and urged all the customers not to reveal their card and Pin details to anyone. The programme ended with vote of thanks by Smt. Zubaida Begum, Branch Manager, Garacharma II branch.