ITANAGAR, 11 Jul: Banking facilities must reach every village and remote habitation, enabling people to access financial services with ease and confidence, said Governor KT Parnaik during a meeting with Arunachal Pradesh Rural Bank (APRB) Chairman Vikal Sharma at the Lok Bhavan here on Saturday.

The governor underscored the vital role of the APRBin advancing inclusive growth and socioeconomic development.

Emphasising the importance of empowering local communities, the governor advised the bank to give special attention to aspiring entrepreneurs, startup ventures, self-help groups, farmers, and rural youthsby facilitating access to credit, financial literacy, and entrepreneurship support. He noted that timely financial assistance and guidance can transform innovative ideas into sustainable enterprises, generate employment opportunities, and contribute to the vision of a self-reliant and economically vibrant Arunachal.

 The governor also encouraged the bank to work closely with government agencies and development stakeholders to ensure that welfare schemes, livelihood initiatives, and financial inclusion programmes effectively reach the intended beneficiaries. He expressed confidence that the APRB would continue to serve as a catalyst for grassroots development and economic empowerment across the state.

The APRB chairman briefed the governor on the bank’s operations, outreach initiatives and financial inclusion programmes, and the various banking and insurance services being extended to the people of the state.

The chairman informed the governor that the bank is extending inclusive banking services across the state through its network of 38 branches, and is steadily expanding its outreach in a planned manner. He also highlighted the adoption of modern technologies and multiple service channels to enhance access to banking and insurance services.

APRB General Manager (Vigilance) Nitul Phukan and Senior Manager Nako Taker were present during the meeting. (Lok Bhavan)