Tura, Mar 29 (UNI) Meghalaya Chief Minister Conrad K. Sangma on Saturday stressed the need for greater financial inclusion.



Inaugurating the 25th branch of HDFC Bank in Meghalaya at Tura, the district headquarters of West Garo Hills, Sangma urged banks to facilitate easy access to credit for entrepreneurs, small businesses, farmers, and the youth.



Noting that financial literacy is crucial in empowering citizens to utilise banking services effectively, the Chief Minister called upon financial institutions to collaborate with the government to promote awareness and outreach in remote areas.



Sangma also assured full support from the state government to resolve infrastructural and logistical challenges faced by banks operating in rural Meghalaya.



Emphasising the importance of expanding banking infrastructure in rural and semi-urban areas of Meghalaya, he lauded HDFC Bank for its initiative to strengthen banking services in Garo Hills and expressed confidence that the new branch would contribute significantly to the economic development of the region.

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