Sri Chintala Govinda Rajulu, who was appointed as the Chairman of NABARD recently has visited Telangana State for the first time on 27-08 2020 after assuming charge. As part of his visit, he participated in an event organized at the Telangana State Cooperative Apex Bank along with Sri Singireddy Niranjan Reddy, Hon’ble Minister for Agriculture, Co-operation and Marketing on 28-08-2020. He has detailed discussions on performance of Co-operative Credit System in the state and the progress on computerization of PACS. He had detailed discussions with Board of Directors on the steps to be taken to strengthen the co-operative credit system in the state. Sri Chintala Govinda Rajulu, Chairman, NABARD, has appreciated the Bank President and Managing Director for their work and on the Bank’s performance and other aspects. He has advised to increase business further and offered suggestions for the same.
Sri Singireddy Niranjan Reddy, Hon’ble Minister for Agriculture, Co-operation & Marketing inaugurating the book “Accounting Manual” on 22.06.2020. This Accounting Manual aims at explaining the basic accounting concepts, principles, accounting standards and various technologies used in accountancy, with particular reference to Apex Bank.
Sri Singireddy Niranjan Reddy, Hon’ble Minister for Agriculture, Co-operation & Marketing visited Apex Bank on 22.06.2020 to review the status of completion of PACS computerisation project and expressed his satisfaction. He has remarked that, Telangana is the First State in the country to take up and complete PACS Computerization Progress and has led an example to the entire country. He has advised that, he day-to-day transaction and Day end Process has to be mandatorily done through computer. The responsibility to supervise the same was bestowed upon Chief Executive Officers of DCCBs & DCOs. It was also advised that, the activities shall be reviewed every week at the DCCB level and every month at the state level.
The elections to the post of President and Vice-President of the Bank was held on 05-03-2020. Sri K. Ravinder Rao, President, Karimnagar DCCB and G. Mahendar Reddy, President, Nalgonda DCCB were elected President and Vice-President respectively. Hon’ble Minister of Agriculture, Marketing and Co-operation Sri Singireddy Niranjan Reddy garu has handed over certificates on 05.03.2020 in an event held at TSCAB, Head Office.
The Banking Frontier Magazine is presenting awards to the best performing Banks at national level in various categories every year. For the financial year 2018-19, Dr. Nethi Muralidhar has bagged Best Managing Director award in State Co-operative Banks category. Further, Apex Bank has also bagged awards in Best HR Innovation and Technology excellence categories. Bagging three awards out of 300+ nominations is first of its kind. The awards were presented by Sri Govind Goude, Hon’ble Minister of Co-operation, State of Goa, in an event held on 19-09-2019 at Goa.
Sri G. Ramachandran, Retd. Senior Class I Gazetted Officer (Central Govt. Services) is a customer of Vidyanagar Branch. He has written a letter to Joint Secretary, Banking and Operations, Dept. of Financial Services recommending the Vidyanagar Branch to be published as role model in Official Magazine. He has also mentioned that, there are very few organizations which show integrity and national devotion in serving the common people and Vidyanagar Branch is one of them.
The NABARD has also acknowledged the services of Vidyanagar Branch and has sent an appreciation letter.