Training for district Central Cooperative Bank officials held

Bhubaneswar, October 8:
Keeping in view the urgent requirement arising out of a recent amendment to the
National Banking (Regulation) Act, 1949, the STCI (State Trading Center of
India) organized a training camp for bank officials at Bhubaneswar recently.
According to
information, senior officials of all 17 Central Cooperative Banks in the state
attended the camp. Worth mentioning the recent amendment makes it mandatory for
all Cooperative Banks to share a stipulated amount from its total deposits as
Statutory Liquidity Ratio (SLR) investment.
The recognized Primary
Dealer (PD) of Reserve Bank of India, STCI having expertise in Treasury and
Bond business sectors organized the training camp at Odisha State Cooperative
Bank here under the chairmanship of bank’s MD Tusharkanti Panda. 
STCI vice president
Sidhharth Saha and two assistant vice presidents Satish Sharma and Anshul Arora
were also present in this training camp. Around 35 senior officials from all 17
cooperative banks attended the training.
While STCI vice chairman
Siddharth Shah spoke on the usability of the new law in profit making for the
banks, Satish Sharma and Anshul Arora imparted detailed information on the new

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