Page 29 - BANKING FINANCE JANUARY 2016 ONLINE

PRESS RELEASE

UCO Bank takes special measures for the aid of flood-affected
people in Tamil Nadu

Overcoming all odds, employees of UCO Bank rose to the occasion to come to the rescue of their brothers and sisters in
the state of Tamil Nadu that has been ravaged by
unprecedented rain during the past few weeks leaving
people without food, water, money, electricity, and means
of communication.

Out of 109 UCO Bank branches in the state, 105 were
working of which 27 were in Chennai (out of 29 branches
located in the metropolis). 80 ATMs (out of total 90 installed
in the state) were providing normal service. 17 of these
were in Chennai. Branches were kept open even on Sundays
in the flood affected areas to facilitate bank transactions
by the flood affected people. In many branches where
connectivity was a problem laptops were used to carry out
the normal banking transactions.

Besides this, a mobile ATM launched on 6th Dec'2015 from our Chennai Main branch went round many of the flood
affected areas in the city and witnessed record hits of more than 600 on one single day necessitating refill of the ATM,
twice in a day.

All the branches have also been instructed to have extended banking hours in order to help more customers to operate
their accounts. This move of having extended working hours has been spontaneously agreed to by all the associations
and unions representing the staff members.

It is also pertinent to mention that food packets and drinking water bottles were distributed in areas like Saidapet,
severely affected by floods.

Through our aforesaid initiatives, by and large we have made our presence felt in Tamil Nadu and particularly the ravaged
city of Chennai, for the cause of humanity and public service.

J&K Bank opens business units in Bishnah and Shopian

Expanding its network deeper into the rural areas of the state, J&k bank has dedicated business units to public at Salehar
in Tehsil Bishna in Jammu and Court Road Shopian in Kashmir. The bank’s Vice-President and Zonal Head Arvind Gupta
inaugurated the Salehar business unit in presence of Cluster Head Rajesh Gupta besides senior citizens and prominent
persons.

Zonal Head assured the audience of complete financial support and urged them to avail the bank’s services and products
for their empowerment and development. Hailing the initiative of the bank for opening the branch at this unbanked
area one of participants said, “The opening of this branch will have far reaching results for us here as it will cater to
around forty villages in the area.”

Head B.U Bodh Raj promised the locals that he will ensure best customer services at the business unit while offering
latest products to its customer at their doorstep. Meanwhile, another business unit at Court Road Shopian has began its
operations. The business unit witnessed heavy footfall from the day one of its functioning.

BANKING FINANCE | JANUARY | 2016 | 29

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