Andhra Bank has informed that the first stage of the bottom-up consultative process designed to generate ideas and review performance of Banks and their alignment with national priorities, is conducting at the Zonal Level on 17th and 18th August, 2019 involving all branches within the Zonal jurisdiction. This was a first of its kind consultations where the branches themselves were asked to review their performance, deliberate on the issues before the banking sector, and ideate on future strategy and the way forward. The meet focuses on the ways and means to increase credit to various sectors of the economy, enhance use of technology to bring about innovation and enable big data analytics, and make banking citizen-centric as well as more responsive to the needs and aspirations of senior citizens, farmers, small industrialists, youth entrepreneurs, students and women.

Today, we reviewed the performance of the Branches, and its alignment with national priorities in areas such as__

 Credit support for economic growth
 Infrastructure/industry
 Farm sector and Blue economy
 Jal Shakti
 MSME sector and MUDRA loans
 Education loans
 Export credit
 Green economy
 Swachh Bharat
 Financial inclusion and women empowerment
 Direct benefit transfers
 Less cash/digital economy
 Ease of living
 Alignment with local priorities and
 Corporate Social Responsibility


As a result of the consultations, a number of implementable and innovative suggestions came up on how our Bank may improve their performance and what the roadmap for the future should be. These suggestions are being collated and will be sent to higher authorities for further discussions at the SLBC/State level, along with comparative performance assessment of the branches under each zone. After the SLBC level, final consultations will be held at the national level to compare both intra and inter-bank performances, and to finalise the suggestions regarding the way ahead for implementation across PSBs.

The consultative process has resulted in a renewed sense of involvement and purpose down to the branch level and the Bank is geared towards implementing the roadmap for the future, improve its performance, and align itself to national priorities so that it may fulfil its mandate of partnering the Indian growth story.