Friday, March 15, 2013

Meeting on Prudent Bank Procedures

Yesterday, I attended the Board Meeting of WBIDFC to understand how the defalcation of Fixed Deposits took place in WBIDFC. Today, I held a meeting of Finance Heads of KMDA, NKDA, Hidco and SPMG along with CEOs to take steps to visit banks, reconcile fixed deposits every month and generally follow prudent banking norms as per Finance Department GO dated 21 Jan 2013.
I also advised that CFOs should hold quarterly meetings with sectoral FOs, and inspect bank branches.
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 We issued a notification yesterday afternoon appointing Shri Gautam Deb, Minister of North Bengal Development Department as Chairman of SJDA (Siliguri Jalpaiguri Development Authority).
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Here are two clippings appearing in today's Telegraph (Salt Lake):


  1. Sir,

    Can you please share the price discovered through the auction process for medical college, bank branch buildings, educational institute and office complex?

    Also it would be great if we can know the name of the investors / business houses who decided to express interest.

    Any investment decision in Bengal will be a great news for the citizens as well as media.

  2. There will be a Board Meeting on 28th March. We can discuss only after that

    1. Ok...hoping to hear some good news on 28th March and 16th April ( Finance Hub).