Bank officers told to overcome deficiencies

K Ananth Kamath, general manager of Corporation Bank, head office, Mangalore, has asked bank officers to overcome the deficiencies to meet the target set for each branch.

He was speaking after inaugurating the quarterly review meeting of branch managers of Hubli zone, organised by Corporation Bank here recently. Officers should work honestly to overcome all deficiencies and should surpass the business targets set for the branch well within the stipulated dates, he said.

Branch managers should convert problems into opportunities. There are no defined instructions for managerial duties. Individual managers should plan their own strategies to ensure effective control over their internal affairs and be successful in business matters, he added.

He stressed the need of taking timely decisions. Majority of the problems arise out of delayed decisions on accounts, knowledge gap, fear in taking a decision, and problems, which cannot be solved at manager’s level and not promptly taken up with higher-ups for solutions.

He advised the managers to overcome the hurdles and become good decision makers. Deposits were not main products of the bank, they were the by-products when we extend all help and assistance to customers, he opined.

Dinesh Rao, chief manager, CB zonal office, Hubli proposed a vote of thanks. Prakash Hebbar, Assistant general manager and zonal officers from six districts of Dharwad, Gadag, Haveri, Davangere, Chitradurga and Uttar Kannada participated.