Banks in the state of Haryana have recorded better growth during December 2008 to December 2009 as compared to the corresponding period of previous year. This was stated by KR Kamath, chairman and managing director Punjab National Bank at the 111th meeting of State Level Bankers? Committee, Haryana, convened by Punjab National Bank in Chandigarh on Thursday. Randeep Singh Surjewala, minister for IT, public health and PWD (B&R), Haryana was the chief guest of the meeting .
Kamath said the banks in Haryana have performed well in respect of deposit mobilisation, advances to agriculture, micro & small enterprises, weaker sector & DRI (Differential Rate of Interest). He informed that banking system in the state has achieved all the national goals except under DRI. Commercial Banks and RRBs have opened 195 new Branches since December 2008, thus raising the total number of branches to 2266.
Randeep Singh Surjewala observed that banks have played a vital role in growth story of the state of Haryana. He informed the participants that in last 5-6 years, agriculture sector has shown the fastest growth in the country. He also added that Haryana was highest in milk production, second in per capital income, was pioneer in auto industry and the State was fast emerging as a petro chemical hub.
