The bank has taken following steps to improve the recovery position :
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Top 25 defaulters of all 70 branches of 19 DPCARDBs have been identified and their names and photographs are published in news papers.
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Post dated cheques are presented for execution.
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Each and every bank officer/official have been allocated recovery targets.
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Reward and punishment policy have been introduced for the employees.
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Where the Tractors financed by the bank have been sold, the process of attachment is under progress.
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Action under Section 75 of the Haryana Cooperative Societies Act, 1984 for sale of land of big and resourceful defaulter loanees have been started.
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Monitoring mechanism has been put in place. The recovery is being monitored by , Hon’ble State Minister of Cooperation, P.S., Cooperation, RCS, Haryana and bank authority on regular basis.