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MCC Bank holds NRI Meet 2022

On the occasion of the Post Centenary decennial celebration of the bank, NRI meet was organised by M.C.C. Bank Ltd at the Pacific IV Hall, Hotel Ocean Pearl, near Navabharath Circle, Mangaluru on Friday 30th December,2022.

The programme started with the prayer song.

The NRI Meet was presided over by Anil Lobo, Chairman of the bank. The meet was formally inaugurated by Rev Dr Rocky D’Cunha, Superior of St. Ann’s Friary Mangaluru. Dr Ronald Colaco, NRI Entrepreneur and Philanthropist, Walter Nandalike, Founder & Managing Director of Daijiworld Media Pvt.Ltd, Mangaluru, CA Rudolph Rodrigues, were the guests of honour.

Anil Lobo, in his presidential address, said that the MCC Bank is the pride of our community and the foundation for which was laid by the visionaries and philanthropists 110 years back. He emphasised the importance of the customers in the banking business and said that the staff are being properly trained at the training centre to be more responsive to the needs of the customers and offer best customer service. He informed the gathering about the conduct of customers’ meet at all the branches and the positive feedback received from all the customers about the excellent customer service offered by the Bank. He requested the NRI customers to support the Bank by their word of mouth publicity in their respective countries where they are employed or pursuing their business.

CA Rudolph Rodrigues, while delivering a talk on Taxation for NRIs, explained various provisions of Income Tax/capital gains tax applicable to NRIs, Resident but not ordinarily residents (RNORs) and resident Indians. He also explained the provisions under IT Act and FEMA. He clarified the doubts raised by NRIs during interactive session.CA Rudolph also spoke about the progress made by MCC Bank for the last 4 years and appreciated the professionalism prevailing in the Bank.

Rev Dr Rocky DCunha, in his inaugural speech appreciated the Chairman, Management and Staff of the bank for rendering selfless service to the society. He explained the virtues of generosity and said sharing always doubles the Joy, what we earn will give us living and what we give will earn a life. He quoted Mahatma Gandhi’s words saying helping the humanity is by far the important essence of life.

Walter Nandalike, congratulated the Chairman, Management and the staff for their wonderful progress for the last 4 years, throughout hard work and dedication, despite Critism from certain sections of the community. He expressed that it is easier to critise than to achieve. He also stressed the importance of making the community’s only bank stronger by offering full support and co-operation by the members of the community.

Dr Ronald Colaco, in his address said that Christian community is known world over for doing the noble work in the field of education, healthcare and charity. He appreciated the Bank for its tremendous achievement in all business parameters since 2018. He urged the community members especially the NRIs to extend their 100% support and help the Bank in its growth. He pledged to help the Bank in increasing its capital and also the NRI Deposits.

On this occasion the NRI customers were honoured with shawl and flower bouquets for being a great support to the Bank.

Vice Chairman Jerald Jude Dsilva, Directors Marcel Dsouza, David Dsouza, Herold Monteiro, Andrew Dsouza, Roshan Dsouza, Irene Rebello, Dr Freeda Dsouza, Elroy Kiran Crasto, C.G. Pinto, Sushanth Saldanha, Sharmila Menezes, Alwyn P Monteiro, Felix D’cruz, Dy General Manager Raj Menezes, Senior Manager (NRI) were also present.

Board of Management Chairman Anil Patrao welcomed the gathering. General Manager Sunil Menezes proposed vote of thanks. Roshan D’silva compered.