Kangra Co-Operative Bank

Dharamshala: Chief Minister Virbhadra Singh inaugurated the Data Centre of Kangra Central Co-Operative Bank (KCCB) Dharamshala.

While speaking at the occasion, Singh said that KCCB had made tremendous progress since its inception. He said that bank should make efforts to lessen its Non Performing Assets besides making sincere efforts to improve the recovery position adding that the State Government would consider opening of two new branches of the Bank at Subji Mandi, New Delhi and Shimla. He directed the Deputy Commissioner Kangra to identify suitable land for the construction of Rest House of KCCB at Dharamshala.

Jagdish Sipahiya, Chairman, KCCB welcomed the Chief Minister and apprised CM that the Bank was providing modern facilities to its customers including Kisan Credit Cards, Education, Housing and Vehicle loan etc. He said that the Bank was having deposits of Rs. 6579.63 crores, Rs. 3047.13 crore as advances, and it has made investment worth Rs. 3928.30 crore upto November, 2013. He said that Bank has a strong network of 45 ATMs across the State for facilitating the consumers and it has also been awarded as the Best Performance Award by NABARD.

Hans Raj Chauhan, Managing Director, KCCB detailed out the activities of the Bank. He said that Bank has financed 7496 Self Help Groups, 655 Groups under Doodh Ganga Scheme, 132 cases under Integrated Development Small Ruminants and Rabbits under Bhed Palak Scheme. He said that Bank has opened 19 new branches during the year and upgraded 3 extension counters to Branch.

Food & Civil Supplies and Transport Minister G.S. Bali, Forest Minister Thakur Singh Bharmouri, Urban Development Minister Sudhir Sharma, MLAs Sarv Sanjay Rattan, Pawan Kajal and Yadvinder Goma, Chander Kumar, Kuldeep Singh Pathania, Vice Chairman H.P. Forest Corporation K.S. Pathania, Commissioner C.Paulrasu, S.P. Balbir Thakur, officers and employees of KCCB and prominent persons of the area and senior officers were present on the occasion.