RSS Feed
Twitter
8:28 AM
Blogger
The All-India Business Facilitators Union plans to stage a demonstration against the State Bank of India’s decision to discontinue the practice of appointing individual business facilitators.
Business facilitators are responsible for the identification of borrowers, collection and preliminary processing of loan applications, creating awareness about savings and other products, submission of applications to banks; post-sanction monitoring, and follow-up for recovery.
Close to 1,000 individual business facilitators, who are also members of the Union, will join the demonstration outside SBI’s Kolkata head office, Samriddhi Bhawan, on Strand Road on Friday.
SBI had recently decided to discontinue the practise of appointing fresh individual facilitators citing certain malpractices in their operations. The bank also plans to terminate its existing agreement with such facilitators on the expiry of the term.
According to Mr Gour Gopal Ghosh, President, All-India Business Facilitators Union, SBI’s allegation against individual facilitators was fictitious in nature.
“The bank’s allegation is baseless and there is no proof to it,” Mr Ghosh said.
SBI’s decision would also lead to loss of livelihood of many facilitators and would also cause damage to his market credential, he added.
Even while a senior SBI official said that there close to 10,000 individual facilitators working with the bank at present, the Union pegs the number at close to 30,000.
shobha.roy@thehindu.co.in
Business facilitators are responsible for the identification of borrowers, collection and preliminary processing of loan applications, creating awareness about savings and other products, submission of applications to banks; post-sanction monitoring, and follow-up for recovery.
Close to 1,000 individual business facilitators, who are also members of the Union, will join the demonstration outside SBI’s Kolkata head office, Samriddhi Bhawan, on Strand Road on Friday.
SBI had recently decided to discontinue the practise of appointing fresh individual facilitators citing certain malpractices in their operations. The bank also plans to terminate its existing agreement with such facilitators on the expiry of the term.
According to Mr Gour Gopal Ghosh, President, All-India Business Facilitators Union, SBI’s allegation against individual facilitators was fictitious in nature.
“The bank’s allegation is baseless and there is no proof to it,” Mr Ghosh said.
SBI’s decision would also lead to loss of livelihood of many facilitators and would also cause damage to his market credential, he added.
Even while a senior SBI official said that there close to 10,000 individual facilitators working with the bank at present, the Union pegs the number at close to 30,000.
shobha.roy@thehindu.co.in
0 comments:
Post a Comment