CHENNAI: In a unique initiative which aims at tapping internal resources of its own officers, both in service and retired,Canara Bank has designed the Canpal scheme which would devise special strategies for each branch for business.
Conceived by Canara Bank Officers' Association, the scheme forges bondage among working and retired officers who are prepared to work towards the objectives of Canpal voluntarily, said the bank's public relations officer S Ravichandran.
Canpal members will compile database of businessmen, bureaucrats and educationists who can contribute business to the bank. They will assist the branches in designing branch-specific strategies to approach the business. They will also help organise area specific educative camps on banking related subjects utilizing the services of experts.
On Friday, Chennai Canpal unit kick-started its campaign on Habibullah Road in T Nagar, where more than 200 members of Canara Bank Officers' Association assembled. Assistant general manager K Mohan welcomed the gathering.
The unit has set a target of issuing 5,000 fresh credit cards and to sanction 500 loans to professionals and self-employed persons by March 2016.
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