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All India Andhra Bank Award Employees’ Union has asked all its member-employees to observe March, 2015 as `recovery and mobilisation month’ in all branches of the bank.
As part of the programme, each employee will adopt about 20 accounts and personally follow-up with the customers for recovery of the bad loans.
In addition, they were advised to mobilise current and savings accounts besides identifying potential retail borrowers for gold, housing, vehicle, education and other loans.
The programme was undertaken voluntarily to safeguard the interest of the bank and strengthen it further, T Ravindranath, General Secretary of the Union said in a circular sent to the employees. The non-performing assets of Andhra Bank were at 5.99 per cent as on December 31, 2014.
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