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OVERVIEW OF ECONOMYIn 2010-11 Economy took off in an environment of incipient domestic recovery and uncertainty about the State of global economy.Economy estimated to have grown by 8.6 percent vis-
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5. 5
6. Pan-India Presence Covering all States & UTs
Zones : 35
Branches : 2204
EC : 4
ATM : 608 6
7. 7
8. 8
16. Employee Benefits as per AS-15
37. LOOKING AHEAD……
39. Over 70% of SME Advances Revenue is concentrated in the top 15 Cities and 9 Industries
48. FINANCIAL INCLUSION All unbanked villages numbering 72,800 with population of 2000+ are to be provided with banking facilities through formal financial system.
UCO Bank allocated 1780 unbanked villages which are to be covered by March 2012.
Financial Inclusion Plan drawn up having three way approach:
Brick and Morter Branches
Mobile Banks
ICT based BC Model
Till March 2011, 979 villages covered through above three approaches.
49. UCO SATHI