Hyderabad: At an impressive ceremony at Ashoka Hotel, the Union Finance Minister, Mr Pranab Mukherjee, laid the foundation stone of Zonal Office of Central Bank of India. The new building will be named after the founder of the Bank, Mr Sorabji Pochkhanawala as Sorabji Bhavan.
Speaking on the occasion, Mr Mukherjee appreciated the contribution of the Central Bank of India to socio-economic growth of the country. He also lauded the Bank for taking new initiatives in the last two years. He stressed the need for skill development to address the huge skill gap to achieve the growth targets of 9% plus. He also appreciated the efforts of the Central Bank of India and National Skill Development Corporation to come together to finance vocational education as a pilot project. The Union Finance Minister hoped that this initiative of the bank will in due course become an integral part of mainstream banking.
Earlier, Mr Sridhar, Chairman & Managing Director, Central Bank of India, said that the bank’s history was replete with instances of innovation and customer service initiative. The Bank has come out with many tailor made schemes which have been aimed to provide banking facilities to one and all on competitive terms. In particular, the Bank has performed impressively in financial inclusion. (NSS)