Mangalore: MCC Bank's Ashoknagar Branch Moves to New Premises


Mangalore: MCC Bank's Ashoknagar Branch Moves to New Premises

Pics: Spoorthi Ullal
Daijiworld Media Network – Mangalore (VM)

Mangalore, Jul 23: The new office of the Ashoknagar branch of MCC Bank was inaugurated at Poojary complex in Urwa Store here on Monday July 23.

Walter Nandalike, managing director of Daijiworld Media Pvt Ltd was the chief guest, who also inaugurated the new office.

Fr Walter Rodrigues, parish priest of St Dominic Guzman Church, Ashoknagar blessed the new premises and Fr Sunil Kumar, parish priest of Our Lady Fatima Church, Tannirbavi inaugurated the vault.

After the inauguration, a formal function was held at Samanvaya hall.

The programme began with lighting of the lamp by the dignitaries and Melvyn D’Cunha, chairman of MCC Bank presided over the function.

Walter Nandalike, Fr Sunil Kumar, Ronald Cutinha, director of Samanvaya, Dr Edward  Nazareth, vice-president of MCC bank, and Laura D’Cunha, branch manager shared the dais.

Speaking on the occasion, Walter Nandalike said that he was honoured to attend the inaugural function and wished that MCC Bank reaches the standard of nationalized banks of India soon. He congratulated MCC Bank on its commendable achievement of completing a century of service, and wished success in all its future endeavours.

He also urged the chairman and the directors to work towards the introduction of NRE accounts soon, and lauded the Bank's efforts in going for core banking.

Melvyn D’Cunha in his presidential address briefed about MCC Bank's growth. "Core banking facility has been introduced in Hampankatta branch, and soon it will be implemented in all the 16 branches," he said.

He also announced that MCC Bank plans to begin ATM and NRE deposit facilities. "Soon the Bank will be able to compete with nationalized and other private banks," he said.

Dr Edward Nazareth welcomed the gathering, Anand Nazareth compered and Laura D’Cunha proposed the vote of thanks.

Jacintha Berromeo, Raymond D'Cunha, Valerian Pinto, Prem Lobo, Ozwald Rodrigues, Francis Cutinho, Adolphus Cutinho, Joseph Quadras, Vasanth Adyanthaya among others were present.

  

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Comment on this article

  • Arun, Palimar / Riyadh

    Wed, Jul 25 2012

    Now The MCC is having good response, We know The Chair person of MCC Mr. Melwyn is on super mood... Sure it will grow. Congrats & All The Best

    DisAgree [2] Agree [15] Reply Report Abuse

  • John DSilva, Karkala/Mumbai

    Tue, Jul 24 2012

    Congratulations to MCC Bank and its team on shifting its Ashoknagar Branch to a better place. Good place and ambience attract the clientel.I am sure that Bank will become peoples bank and serve its need. There is tremendous scope to grow. I wish best of luck to the Bank and people behind it particularly dynamic Chairman Melwyn dcunha and vice chairman Dr.Edward Nazareth.

    DisAgree [1] Agree [18] Reply Report Abuse

  • KRPrabhu, Mangalore/Bangalore

    Tue, Jul 24 2012

    Though MCC Bank has completed a century of its existance,it is premitive to talk of competing with other private banks/PSU bank in terms catering the needs of the customer.It is good and essential too having decided to introduce CBS at all the branches.This should be done forthwith without any loss of time.Then install ATMs,facility of SMS,Mobile banking,electronic transfer,RTGS,NFt etc.,It is equally essential to embark on branch expansion state wide and instill confidence among existing staff,provide training and prepare them to takeon bigger role.New staff recruitment be done and properly trained.
    Since bank has no considerable NPAs new loan/deposit be introduced.Most required is retail products that suits the nees of common man such as retails,salary class,professional,Hsg loans, mortgage loans etc.,Unless above aspects are taken care of bank can not think of any competiton.Good courtecious service is very much necessary as there dire need of it.WHile thinking in terms big terms it is equally important bank should omeout from conservetiveness and commumnity clout.

    DisAgree [12] Agree [7] Reply Report Abuse

  • Langoolacharya., Belman/USA.

    Mon, Jul 23 2012

    MCC,

    See if you could invest depositers money in safe real estate properties in Mangalore and give good returns to depositers since most depositers cant/wont have stomach to invest in risky deals.

    Kuwait Finance House in Kuwait does this successfully since long time.

    To compete with well established banks you have to be innovative...and you should give your customers what traditional banks dont give or dont care to give...

    Regards,

    Langoolacharya.

    Jai Hoooooooooooooooooooooooooo

    DisAgree [15] Agree [9] Reply Report Abuse

  • Frank Noel Kumar, Saudi Arabia

    Mon, Jul 23 2012

    Congrats MCC bank. Nice to see Walter Nandalike in inaugurating branch. God bless you all

    DisAgree [5] Agree [15] Reply Report Abuse

  • margaret, mangalore/kuwait

    Mon, Jul 23 2012

    Congrats for the new premises of MCC BANK.Waiting for the NRE status, so that all the gulf people specially mangaloreans can open the NRE fd.

    DisAgree [5] Agree [17] Reply Report Abuse


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