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Nagaland Dy CM calls for farmers’ access to institutional credit

Dimapur, Sep 30 (UNI) Nagaland deputy CM TR Zeliang on Wednesday stressed the importance of farmers’ access to institutional credit, saying such access would enable them to purchase seeds, equipment, and livestock.
Inaugurating the Jalukie branch of Axis Bank in Peren district, Zeliang noted that institutional credit can provide young entrepreneurs with the capital needed to start businesses, support small traders, and help existing enterprises expand.
He said the day was not merely the inauguration of another bank branch, but the beginning of a new institutional relationship between Axis Bank and the people of Jalukie.
Congratulating the management and officials of Axis Bank and others whose efforts had made the occasion possible, Zeliang hoped that the new branch would contribute significantly to greater financial inclusion and play an important role in the economic development of the region.
He said the Jalukie branch will become more than just a place for routine banking transactions, but will also serve as a partner in the economic development of Jalukie and Peren district as a whole.
He encouraged the bank to study the specific economic potential of the region and develop products and services suitable to local needs.
Zeliang also urged the bank to extend its services beyond Jalukie town to the surrounding villages and communities, while supporting farmers in expanding and strengthening their agricultural activities in the district.
Speaking on behalf of the bank, cluster head of Axis Bank Ltd., Dimapur Cluster, Poujaulung highlighted that Axis Bank functions as a universal banking institution offering a comprehensive range of financial services through retail, corporate and digital channels.
He said the bank remains focused on understanding and meeting the needs and expectations of its customers while striving to enhance their overall banking experience. UNI BHG SAS
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