Morung Express News
Dimapur | March 17
Nagaland State Cooperative Bank Ltd. (NStCB) opened its fifth ATM booth here at the NStCB Ltd. Naga Shopping Arcade (NSA) branch on Friday, which was inaugurated by deputy commissioner, Dimapur, Kesonyu Yhome.
The four other existing ATM booths of NStCB are located at the bank’s head office in Dimapur (Khermahal) and one each in Kohima, Mokokchung and Tuensang.
After inaugurating the new ATM booth, DC Dimapur felicitated the staff of NStCB Ltd. for adding another banking facility for convenience of the bank’s customers. Yhome also acknowledged the contribution of the state-sponsored bank in providing grassroot banking to the people of the state for the past fifty years.
Managing director, NStCB, Imtilemba Longkumer, in his welcome address said the bank would be opening three more ATM booths within a week’s time – at Jasokie Market in Dimapur, Jalukie and Mon. He informed that the NStCB has altogether 21 braches spread out in all districts, except Longleng, to especially cater to the banking needs of the rural people. The MD said NStCB, established way back in 1967, is celebrating its golden jubilee celebration in November this year. Longkumer said as on February 2017, the bank’s deposit stands at Rs. 610 crores, loan in advance at Rs. 360 crores and the CD ratio at 60%, which he added is the highest CD ratio among banks in the state.
Former MD of NStCB, BK Thadani, who also spoke on the occasion, acknowledged the innovative and technological strides undertaken by the bank under the stewardship of the present chairman and MD of NStCB. Thadani also said the banks’ focus should be in serving the rural people. Chief Manager, NStCB Ltd. NSA branch, I Nungsang Ao, proposed vote of thanks.
