UCO Bank sanctions Rs 20 crore to SHGs at Mega Credit Camp in Tezpur



Prasenjit Roy, Deputy General Manager UCO Bank’s Head Office Kolkata during the Mega SHG Credit Camp organised by the bank att the North Eastern Regional Water and Land Management Institute Tezpuron July 30. (Photo courtesy: UCO Bank)

Tezpur, July 30 (MExN): UCO Bank organised a Mega SHG Credit Camp on July 30 at the North Eastern Regional Water and Land Management Institute (NERIWALM), Tezpur.

The event, aimed at strengthening financial inclusion by extending credit to both new and existing Self Help Groups (SHGs) and organised under the Jorhat Zone, saw the sanctioning of loans amounting to Rs 20 crore to over 300 SHGs, informed an official release.

Speaking on the occasion as the Chief Guest, Prasenjit Roy, Deputy General Manager (DGM) from UCO Bank’s Head Office in Kolkata, outlined the bank’s financial performance during FY 2024–25, reporting deposits exceeding Rs 2.93 lakh crore, advances over Rs 2.19 lakh crore, and total business crossing Rs 5.13 lakh crore.

He urged SHG members to use their sanctioned loans wisely and repay on time to maintain strong credit scores and eligibility for future enhancements.

The DGM also inaugurated the new premises of UCO Bank’s Panchmile Branch and loan sanction letters were handed over to selected SHG beneficiaries.

Earlier, in his welcome address, Zonal Manager Narendra Pratap Singh said the bank remains committed to serving the people of Assam and furthering inclusive growth through accessible and customer-friendly banking solutions.

He further highlighted the bank’s proactive shift toward digitalisation under “Project Parivartan,” which focuses on streamlining and expanding digital credit delivery.

Singh also spoke about various digital services such as Mobile, Internet & WhatsApp Banking, POS-based merchant QR systems, Tab-based account opening, and tie-ups with e-commerce platforms for customer benefits.

He encouraged all customers and stakeholders to stay updated via the bank’s official social media platforms.

Other dignitaries present included Hasan Ejaz Hashmi, Deputy Zonal Head; Acharya Sonowal, Lead District Manager (Sonitpur); Anil Kumar, Chief Manager, Tezpur Branch; Pranjal Bora, Branch Manager, Nagaon Branch; Suman Chatterjee, District Development Manager, NABARD; Madhury Bora, DPM, NRLM; and Dr Sagarika Patwari, Assistant Principal, NERIWALM.

Senior officials from the Jorhat Zonal Office - Rajat Kumar Das, Srikant Mandal, Paul Basumatari, and Rishi Sahni , were also present along with other officials, government functionaries, SHG members, and customers from Tezpur and neighbouring areas.The event concluded with an interactive session where participants shared feedback for further improving banking services, the release added. UCO Bank sanctions Rs 20 crore to SHGs at Mega Credit Camp in Tezpur | MorungExpress | morungexpress.com