New MD of United Bank of India Ashok Pradhan visits Bhubaneswar regional office

Bhubaneswar: Ashok Kumar Pradhan, who became the first person from Odisha to take charge as Managing Director of United Bank of India, visited the Bhubaneswar Regional office of the bank and held discussions with branch managers today. Pradhan also spoke to customers on various aspects of banking.

During his visit Pradhan informed that the bank is focusing on providing loans to various sectors including MSME, agriculture, and retail. He added that the bank is working towards providing more loans to self-help groups.

Demanding more investments in the State, Pradhan said "Odisha is only receiving assurances for investments in industries sector but no real investment has been done so far. The State government needs to create more opportunities for an industrial corridor.”

In September, the Central government had appointed MDs, CEOs of 10 nationalised banks, five from SBI group alone.