corel dp A camara Bank afafts arataa aTT/_INTER/INTRA OFFICE MEMORANDUM We From, Rar Ato, asia yaues / The Regional Manager ‘Sri M Chandra Sekhar eta wrafertmegional Office :: SET Branch In Charge IKADAP: URegional Offi Branch:Proddutur Main a ‘A. Adivanices Seq Branch category:VLB DP CODE :1963 | ‘ad ai/Ref, No: 140/6939/ROK/ADV/RETAIL/NEG ‘Perw/Date: 05.11.2021 Dear Sir, ‘Sub: Negativity in Retail from Mar 21 reg Ref our earlier letter Ref 41/6939/ROK/ADV/RETAIL/NEG dated 22.06.2021 Ref: our eartier letter Ref 106/6939/ROK/ADVIRETAIL/NEG dated 18.09.2021. Ref. our earlier letter Ref 120/6939/ROK/ADVIRETAILINEG dated 11.10.2021. Time and again our Head Office has been stressing upon for the need of boosting of our retail portfolio and accordingly target is allotied to each branches based on past performance and potential available in the area. It is quite disheartening to note that despite completing Seven months of the current financial year, your branch is sill continued under Negative Growth which is not acceptable under any circumstances “Amount in Lakhs. Core Retail_excluding | Core Retail excluding | Core __Retall | Negativity from VSL as on 31.03.2021 VSL as on 30.09.2021 excluding VSL as | March 21 con 08.10.2024 2851.55 2689 2753 98.55 Our top management has expressed their serious concer in this regard. The non-performance is not tolerated and HO has directed to initiate action against the non-performers. ‘You are advised to understand the seriousness of the issue and put al strategies to come out negativity by 15.11.2024 ‘You may adopt the following strategios to come out of negativity: ‘+ Meet all the builders in your area of operation and may contact all the persons where construction activities are happening Meet & Greet all Builders /Vehicle dealers frequently. Conduet the Credit Camps at Educational institutions, SOPs and list of prominent Engineering, Medical and Premier Institutions were already shared through branch email for the ease of Branches/Offices for Scout of good proposals. ‘+ Improve Customer Service + You may adopt your own strategies to improve the Retail business, With Best Wishes Yours faithfully (éterrereic. SURYANARAYANA) ve Manager w ee