Sat. Nov 28th, 2020

WILL TO RESTRUCTURE SOCIETIES IN ASSISTANCE OF NABARD.  FACING DIFFICULTY TO RECOVER NPA’S IN ABSENCE OF RECOVERY OFFICER : ULHAS PHALDESSAI, GSCB

The Goa State Co-operative Bank on Monday informed media persons that it would decided to revive the bank’s asset by restructuring its affiliated societies in assistance of NABARD.   Addressing media persons in Panjim, its chairman Ulhas Phaldessai said that since 2012 till date, NPA’s of the Banks had reduced from 18% to 9%.

 

Phaldessai said that post burification of the bank,  it was facing difficulties in recovering the loan amount in absence of a recovery officer.  He further said that, due interference by politicians recovery on some NPA’s were pending.

1 thought on “WILL TO RESTRUCTURE SOCIETIES IN ASSISTANCE OF NABARD.  FACING DIFFICULTY TO RECOVER NPA’S IN ABSENCE OF RECOVERY OFFICER : ULHAS PHALDESSAI, GSCB

  1. Congress nd BJP Politicians r the most corrupt lot who r a hinderance to any thing good happening in our country.

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