Port Blair, Aug 11: The resurgent A&N State Cooperative Bank (ANSCB) which has given other banks in the islands a run for their money by introducing a number of innovative public welfare schemes, has proved its mettle once again. The ANSCB has bagged the Annual Performance Award for the year 2012-13 at the Golden Jubilee celebration of National Federation of State Cooperative Bank (NAFSCOB), in Ahmedabad, on 20th July, 2014. Mr. Ravinder Rao, Managing Director of the bank received the award at the hands of NAFSCOB Chairman, Dr. Bijender Singh.
With the 1.75 lakh strong customer base, ANSCB has taken rapid strides to earn a good name for it. It has made its presence felt all over the islands with 29 core banking branches. By introducing RTGS/NEFT facilities and Rupay Debit card accessable over 11 ATMs across AN Islands, serving the customers appreciably. At the same time, the bank has provided assistance to 4530 self-help groups with a total membership of 45,300. Besides providing much needed employment opportunities to the educated unemployed youths of the islands, the bank has a number of firsts to its credit. ANSCB is the first bank in the country to introduce the home delivery of pensions for the old aged, widows and the differently abled persons. It is also giving highest interest rate in the AN Islands on fixed deposits. It is also the first and the only bank in A&N Islands to have an All Women Branch at Garacharama-II. The customer friendly approach and policies of the bank have rekindled public confidence in it with more and more people opening their accounts in it.
