Other States - Puducherry   

Puducherry inks pact with RBI

— Photo: T. Singaravelou

Towards development: Secretary to Government T. M Balakrishnan and Executive Director of RBI, Mumbai, V.S. Das exchanging documents in Puducherry on Thursday.

PUDUCHERRY: The Government of Puducherry on Thursday signed a Memorandum of Understanding with the Reserve Bank of India (RBI) for upgrading the Urban Co-operative Bank in Puducherry.

According to a release, the RBI would be assessing the training, computerisation needs of the bank to upgrade human resources skills and technological infrastructure.

Executive Director of RBI, Mumbai, V.S. Das and Secretary to the government of Puducherry T.M. Balakrishnan signed the pact. The Registrar of Cooperative Societies, the Managing Director of Pondicherry Co-operative Urban Bank and executive officers of the RBI and the Co-operatives Department were present, the release said.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Uprooted trees cleared off roads
Report on rain damage to be sent to Centre soon
AFT privatisation not ruled out: Vaithilingam
Puducherry inks pact with RBI
Use of red lights with flasher restricted
Cooperative societies donate funds
Measures to check water-borne diseases

Copyright © 2008, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu