RBI Ranchi Conducts Two-Day Capacity Building Course for MSME Bank Employees

The Reserve Bank of India in Ranchi organized a two-day capacity-building course to enhance the skills of MSME branch bank employees in East Singhbhum district.

JAMSHEDPUR – A two-day course on capacity building for bank employees of MSME branches in the East Singhbhum district was organized by the Reserve Bank of India’s Ranchi office.

Sanjeev Sinha, General Manager (In-Charge Officer), discussed the instrumental role of the MSME sector in India’s economic growth and job creation.

He emphasized the necessity of timely and adequate cash flow in this sector, the need to address ailing units, conducting viability evaluations on feasible units, and adherence to Reserve Bank of India guidelines.

Sinha urged the lenders to pay attention to the aspirations of entrepreneurs, understand the life cycle of MSME units, and provide timely assistance.

This session was advantageous for the bank officials from the MSME branches as it equipped them with training on a variety of MSME-related subjects.

The discussion saw participation from bank representatives from the Reserve Bank of India, Union Bank of India, and Canara Bank among others.

Notable attendees at the event included Sunny from the Reserve Bank of India and Kedarnath Rao, the Assistant General Manager.

A total of 37 officials from a mixture of major and minor financial institutions in the state, including Bank of India, State Bank of India, Indian Bank, Canara Bank, HDFC Bank, ICICI Bank, and others, took part in the workshop.