Kolkata-based lender, United Bank of India (UBI), has set up a centralised retail hub at its headquarters in the city, for faster processing and clearance of retail loans.
Inaugurated on August 15 by the bank’s Executive Directors, Sanjay Arya and Deepak Narang, the centralised retail hub will look at extending hassle free and time-bound sanction of housing & mortgage loans, the bank said in a release.
The objective of setting up the centralised retail hub is to ensure accelerated growth in retail credit, faster processing, and quick delivery within six days.
The hub is manned by a specialised team of officers and is under direct monitoring of Retail Banking Department. It is headed by a general manager and deputy general manager level officer.