Shillong, March 23: The State Bank of India conducted a Bank Adalat at the premises of the SBI Main Branch on Friday.
The primary objective of organisind the Bank Adalat by the State bank was to give the bank’s customers whose loans under various schemes had fallen into arrears and overdues, a chance to settle their dues over mutual negotiation and amicable discussion on the spot.
Supervised by Deputy General Manager (Business and Operation) Administrative office in Shillong Deepak Kumar Lalla, the Adalat saw a large number of borrowers where as many as 72 eligible cases amounting to Rs 2.01 crore were settled.
The DGM while announcing the bank’s positive attitude towards settling overdue and sticky loans with more such interactive programmes in future, also reiterated the bank’s commitment to recover its bonafide dues by maintaining good and amicable relations with its borrowers.(SP News)
