ITANAGAR, Jul 11: Arunachal Pradesh Governor Lt Gen (Retd) KT Parnaik on Saturday stressed that banking facilities must reach every village and remote habitation in the State to ensure people can access financial services with ease and confidence.
The Governor made the remarks when Arunachal Pradesh Rural Bank (APRB) Chairman Vikal Sharma called on him at Lok Bhavan in Itanagar.
During the meeting, Sharma briefed the Governor on the bank’s operations, outreach initiatives, financial inclusion programmes, and the banking and insurance services being provided across the State.
Highlighting the crucial role of the Arunachal Pradesh Rural Bank in promoting inclusive growth and socio-economic development, the Governor advised the bank to give special attention to aspiring entrepreneurs, start-up ventures, self-help groups (SHGs), farmers, and rural youth by facilitating access to credit, financial literacy, and entrepreneurship support.
He observed that timely financial assistance and proper guidance could transform innovative ideas into sustainable enterprises, generate employment opportunities, and contribute to the vision of a self-reliant and economically vibrant Arunachal Pradesh.
The Governor also encouraged the bank to work closely with government departments and other development stakeholders to ensure that welfare schemes, livelihood initiatives, and financial inclusion programmes effectively reach the intended beneficiaries. He expressed confidence that the APRB would continue to play a key role in grassroots development and economic empowerment across the State.
Sharma informed the Governor that the Arunachal Pradesh Rural Bank is providing inclusive banking services through its network of 38 branches across the State and is steadily expanding its outreach. He also highlighted the bank's adoption of modern technology and multiple service channels to improve access to banking and insurance services.
APRB General Manager (Vigilance) Nitul Phukan and Senior Manager Nako Taker were also present during the meeting.