All India Bank Employees' Association (AIBEA) hailed Modi for rolling out Jan Dhan yojana which aims to extend financial services including bank account and insurance services to 75 million households by Republic Day (January 26, 2015).
"AIBEA is happy to observe that you are taking personal interest to ensure that every household in our country has a bank account and with the launching of Jan Dhan Yojana, this mission is spreading well," the union said in a statement.
It assured support and help in meeting the objectives of Jan Dhan Yojana. As an organisation which fought for nationalisation of the Banks, union committed to the success of Public Sector Banks in helping the socio-economic upliftment of the people at large, its general secretary C H Venkatachalam said.
Meantime, it said while Public Sector Banks have to gear up to achieve the target of reaching every section of the people, many of the them are headless.
The post of Chairman and Managing Director of Banks like United Bank of India, Canara Bank, Syndicate Bank, Bank of Baroda, as well as the post of Executive director in many PSBs.
AIBEA urged Modi to take expeditious steps to fill up these top posts in the Banks without further delay.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)