From Our Spl Correspondent
NEW DELHI:The State Bank of India will reopen its branch in Rongara which was closed and merged with the Bagmara branch following intervention from the Union Minister for Rural Development Agatha Sangma.
This was informed by the Chairman of the SBI Mr P Chaudhuri to the Minister in writing today. The local head office of the bank at Guwahati has already carried out a survey about the viability of the branch and contemplated to reopen the branch at Rongara, he said.
The bank is also taking all steps in this direction, Chaudhuri said. Agatha who represents Tura constituency in her letter had demanded for reopening of the SBI branch at Rongara since people of the area have to walk nearly a hundred kilometers since there is no bank in the area after SBI closed its branch.
SBI is the harbinger of banking in the region with the first branch of the bank (in its earlier avatar as Imperial Bank of India) was opened in Dibrugarh in the year 1923. With over 500 branches and more than ten thousand employees SBI today is a pioneer of development banking in the Northeast.