Visakhapatnam, July 24: Union Bank of India is aspiring to become the No. 1 nationalised bank in domestic operations by 2020 and the employees should strive hard to achieve the goal, according to Mr M.V Nair, the Chairman and Managing Director. He was addressing the national conference of the All-India SC, ST Employees' Association of the bank here on Sunday morning. He said the bank was upgrading its technology and laying emphasis on customer relations and financial inclusion. “Even now, fifty per cent of the population is out of the fold of the banking system and therefore our prime endeavour should be financial inclusion. Union Bank has adopted the Business Correspondent model recommended by the RBI and appointed many BCs in the villages, but that is not enough. Bankers should go to villages,” he said.
HBL
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