8 years, 3 months ago

Forms filled at Manesar bank camps still to transform into accounts

Although a number of camps were held at small-scale industrial units in Manesar in the last 50 days to open bank accounts for workers, the paperwork has not transformed into accounts. Bankers, however, said the direction to deposit salary to bank accounts of workers was issued three years ago but it was not followed until the Centre announced the note ban. Bank officials said they have been under immense pressure since November 8, when demonetisation was announced, and they do not have the adequate staff to open accounts in such large numbers A senior banker said while industry gave all business to private banks, it wanted the public sector banks to only share their burden. Why are the industrialists not asking private banks to open accounts for workers with ₹1,000 as minimum balance instead ₹10,000?” a senior banker said. RC Nayak, lead bank manager, Gurgaon, said strict instructions were issued to all banks to ensure that accounts were opened for workers at the earliest.

Hindustan Times
Workers Open Banks Bank Accounts Accounts Manesar Bank Camps Miwa
Demonetisation: Six months on, 30,000 Gurgaon workers yet to get bank accounts
7 years, 11 months ago

Demonetisation: Six months on, 30,000 Gurgaon workers yet to get bank accounts

Hindustan Times
Bank

Discover Related