Conclave of RSETI Directors of SyndicateBank – A Brief Report


The formal inaugural function of the Conclave of the Directors of Rural Self Employment Training Institutes [RSETIs] sponsored by SyndicateBank was held at the Corporate Office of the Bank at Bangalore on 8th February 2012. Padmabhushana Dr D Veerendra Heggade, Dharmadhikari of Dharmasthala and the President of National Advisory Council for RSETIs inaugurated the Conclave by lighting the lamp. The programme was presided over by Sri Ravi Chatterjee, Executive Director of Syndicate Bank.

The programme began with the welcome address by Sri A.Sreerami Reddy, Dy. General Manager of the Bank. While welcoming the dignitaries and the participants, he felt it is a matter of pride that SyndicateBank has taken initiatives for addressing the unemployment problems of the youth much earlier under the visionary leadership of Dr. D. Veerendra Heggade.

Sri M C Pathak, Chief Manager of the Bank gave a presentation on various initiatives of the Bank in the field of Agriculture and rural development since its inception and the contribution of the Bank in establishing 15 SyndRSETIs across the country under the Syndicate Rural Development Trust.

Dr D. Veerendra Heggade in his inaugural address recalled his old association with the visionary founders of SyndicateBank like late Dr T M A Pai and late Sri T A Pai and said that he was inspired by their leadership qualities in promoting entrepreneurship. He recalled as to how the RUDSETI concept took shape in a small town called Ujire in the year 1982 with the sponsorship of SyndicateBank and Canara Bank. He expressed his happiness that SyndicateBank has taken the initiative to open similar Institutes by name SyndRSETIs in 15 centres across the country. Dr. Heggade said that serving the cause of unemployed youth is an opportunity given by the almighty to the sponsors.

During this conclave, a web site of SyndRSETI was launched by Sri.M Anjaneya Prasad, the Executive Director of the Bank. In his address, Sri Prasad said that if the younger generation of our country is not motivated in the right direction our country may have to face social disorders and hence it is a step in the right direction that SyndicateBank has trained thousands of unemployed youth through its RSETIs to take up productive self employment ventures.

Sri Ravi Chatterjee, Executive Director, in his presidential address explained about the initiatives of the Bank in opening the SyndRSETIs in all the Lead Districts allotted to the Bank in a very short period of time. He advised the Directors to give wide publicity of the programmes in their operational area of the institute and bank branches. He appealed to the Directors of SyndRSETIs to have passion for their job and the drive to generate self employment opportunities in their command area. He stressed upon the Directors to bring in further improvements in the percentage of settlement.

The inaugural programme concluded with a vote of thanks by Sri A K Rath, Asst. General Manager of the Bank.

Immediately after the inaugural session, Sri D T Ramanuja, Director, NAR administered Micro Lab which was well received by the participants. After the lunch break, Sri D T Ramanuja handled topics like Motivation – why and how?, Identification of Training needs, Methods of generation of applications, Selection of candidates for trainings Methodology of organizing entrepreneurship awareness / motivation camps etc.

The 2nd day of the Conclave started with a prayer followed by presentation of MILLY by few Directors. Thereafter, Sri Muralidharan, General Manager of the Bank addressed the RSETI Directors and requested them to show genuine concern for the cause of the rural unemployed youth. Later on, he welcomed Smt Renuka Kumar, Dy Secretary, MORD, Government of India who presented a paper on the expectations from the Ministry in rolling out a mega plan of having one RSETI at each district of the country. She could drive home the point that Banks have been assigned with this prestigious project of running RSETIs, keeping in mind the factor that Banks have the expertise as well as concern for the welfare of the rural India. She called upon the Bankers to rise to the call of the Government by extending the requisite support to RSETIs so that they can effectively deliver the goods.

This was followed by an interaction by Sri O N Bansal, Project Co-ordinator for RSETIs, NIRD, Hyderabad, wherein the issues pertaining to allotment of land and progress under construction of new campuses were discussed.

After the lunch break, Sri K N Janardhana presented a paper on ‘Journey from RUDSETI to RSETI’ and briefed the participants about the MoRD guidelines in running the RSETIs successfully. He touched upon various issues related to role of sponsoring Banks, Directors, other stake holders and requested each one to work with missionary zeal to carry forward the concept of RSETIs to newer heights.

Thereafter, the review of the performance of the RSETIs was taken up jointly by Smt Renuka Kumar, K N Janardhana and K N Nagendra Babu in the presence of Sri Sreerami Reddy, Dy General Manager of the Bank. All the Directors were asked to make a presentation about the performance of their respective RSETI and the same was thoroughly reviewed by the officials from MoRD, NATIONAL CENTRE FOR EXCELLENCE OF RSETIs and the Dy General Manager Sri Sreerami Reddy. During the review, various suggestions were given to the Directors to further improve the functioning of their RSETI.

Later on, the valedictory session was held wherein the Dy General Manager Sri Sreerami Reddy made an appeal to all the RSETI Directors to be pro-active in their role in identifying the right candidate for the training and to ensure their credit linkage.