MINISTER VISITS EMPLOYEES BANK OF TTD
TIRUPATI, NOV 19: AP Minister for Forests, Environment and IT, Sri B Gopala Krishna Reddy visited the TTD Employees’ Co-operative Credit Society (Employees Bank) on Wednesday in TTD Administrative Building in Tirupati.
Speaking on this occasion, he complimented the TTD Employees Bank wing for maintaining 95% recovery and leading the bank in the path of development. He assured to remove the technical hurdles involved in surety while giving loans to employees. He also assured to get nod from the state government towards the Rs.15cr revolving fund allocated by TTD to its Employees Bank.
Meanwhile the TTD Employees Bank Manager Sri Anandarajulu said, over 8,500 employees have opened accounts in the bank and the bank is marching ahead with Rs.40cr turnover. He appealed to the minister to take initiative in getting positive nod from the government to sanction revolving fund so that loans can be given to the employees at a fast pace.
District Co-Operative Officer Smt Vanaja, TTD Employees Bank Vice-President Sri Venkatramana Reddy, Treasurer Sri Chodam Madhusudhan, Directors Smt Kalpana, Sri Nagarjuna, Sri B Subramanyam, Sri Chinnamgari Suribabu were also present.
ISSUED BY TTDs PUBLIC RELATIONS OFFICER, TIRUPATI