Make In Odisha: “Ready to invest a huge for Odisha State Development”, says the SBI Chairman

OdishaLive Bureau

The Biennial Global event which was inaugurated by the honorable Chief Minister of the state, Shri Naveen patnaik has encouraged many industrialist and multinational investors to contribute in the development of the state in all possible means.

Mr. Rajnish Kumar, The chairman of India’s largest banking chain, The State Bank of India, has come forward to express his commitment to fund the investment in the state.  He also discussed about the extension of various investment proposals during the plenary session.

State Bank of India, known to be the top lender of the country has promised to meet the two third of the capital requirement for industries to invest in the state. The Chairman of the bank has assured the industrial bodies if the requirement will be two third the bank will go ahead and will meet the capital requirements more than they need to invest in the state.

Mr. Kumar said the bank will spread its wings and will meet more than the requirement of the industries meant for the investment in the state.

Mentioning that about 50 per cent of the population transacts and avails the state bank services in the state, he claimed to have said that the bank connects with every second person of the state and is hoping to strengthen the services for the welfare of its customers in the state.

“The bank is hopeful to go ahead with the proposal which is up to the mark and is to invest in the state. It will not limit its wings in terms of capital requirement,” the top official added.

Mr. Kumar also said banks will never seize when the proposals for the investment in the state are made genuine and up to the mark. The state government has to place the policies and the complete mechanism in place so as to meet the target of 2.5 lakh crore investment in the state.