Aizawl, Oct 14: Governor Lt.Gen (Rtd.) Nirbhay Sharma today in the evening called on Dr.Raghuram Rajan, the Governor of Reserve Bank of India at Raj Bhavan. RBI Governor is here for RBI Central Board Meeting tomorrow.
Governor Lt.Gen(Rtd.) Nirbhay Sharma lauded Dr. Raghuram Rajan for his effort for India which, he said, is known far and wide in the country and called him a role model for others. Apprising the RBI Governor of the development plans of Mizoram government, Governor Nirbhai Sharma said the Mizoramde government would much need the cooperation of the different Banks operating in the State. He also expressed his opinion that the help of RBI would also be much needed.
Mizoram Governor told RBI Governor and his colleagues that Mizoram has a bright future in Skill Development, Food Processing and Eco Tourism.
Mizoram is an important place for Act East Policy because of its strategic location in the International Border area in NE India, he said, adding, it is advisable to make Mizoram developed first. The Governor endorsed Mizoram as a good place to start a business for its being a safe and being the most peaceful state.
Meanwhile, the Governor called on the RBI leaders to intervene in the matter relating to giving out of loans by the commercial banks in Mizoram, relating the grievances of the people that while Rural Banks and some other banks established in Mizoram are doing well, most of the Commercial Banks are not open enough for the people in giving out loan while taking huge money from the people.
RBI Governor Dr. Raghuram Rajan on his part said that the people needs to be careful with financial institutions which are not approved by RBI and advised that the people should not simply go for those who gives high interest. Awareness programmes shall be carried out more in this regard, he said.
In the mean time, RBI keeps on formulating new plans so that the people may benefit more from the banks, the RBO Governor said. RBI is also mulling over how the banks may be open to the people more than now, he added.
The people and the NGOs also need to play their part more effectively so that number of defaulters may go down, the head of the apex bank in the country said.
Plan is also being made in order that the banking sectors and people of the region may have better relation through preference of the local people in Bank Recruitment Exam, he added. 4 Deputy Governors –H.R. Khan, Pu R.Gandhi, Dr. Urjit R. Patel, S.S. Mundra and 3 RBI Directors –Nachiket M. Mor, Pu Y.C. Deveshwar, Prof. Damodar Acharya besides S.S. Barik, Regional Director, RBI, Guwahati, Mary Deng, DMG/OIC, RBI, Aizawl and Vivek Aggarwal, EA to Governor, RBI came along with the RBI Governor.