SBI opens RASMECC in Shillong

State Bank of India Deputy Managing Director (Operations) P K Malhotra today inaugurated Retail Assets and Small and Medium Enterprises City Credit Center (RASMECCC) and felicitated top ranked students in the city.
The RASMECCC is a is a specialized loan processing, sanctioning and maintenance hub, which deals with the Personal and SME loans of 21 city based branches, handling more than 20000 loan accounts including big branches in the state.
The centralization of loan processing, sanctioning and maintenance enables the bank to give better customer service, besides the convenience of having multiple functions under one roof, he said while inaugurating the new office premises.

Branches are also relieved by having their processing/sanctioning and maintenance job shifted away from them, leaving them with more time to market the Bank's products and concentrate on business development.
The new location of RASMECCC will definitely make it well connected with all parts of the city, which will be of special convenience for our customers, he said.
The RASMECCC premises will also host another important marketing hub, known as Multi Product Sales Team (MPST) aimed at providing convenience for the customers.
The Bank official also felicitated top ranked students in the recently declared results of the XII science and XII commerce streams.