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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first*** DA FOR BANKER FROM FEBRUARY 2023 SEE DETAILS CHART FOR OFFICER AND WORKMAN***Outcome of Today’s meeting with IBA - 31.01.2023***All India Bank Strike 27.06.2022******PLEASE VISIT INDIAN TOURISM CULTURE & HERITAGE *****NITI Aayog finalised names of Two public sector banks and one general Insurance Co. for privatisation****No economic reason to privatise PSU banks---post date 24.05.2021******Mobile users may soon be able to switch from postpaid to prepaid and vice versa using OTP*****India May Privatise or Shut 46 PSUs in First 100 Days, Says NITI Aayog's Rajiv Kumar----We should start with the banks*****Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab*****RTGS time window from 4:30 pm to 6:00 pm. with effect from June 01.06.2019******WITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI***** Salient features of Sukanya Samriddhi Account---Who can open and how?******OBC posts 39% rise in Q4 profit, OBC readt tWITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI o take another Bank--MD MUkesh Jain*******DA FOR BANKER FROM NOV 2018 IS INCREASE 66 SLAB I.E 6.60%****40,000 STANDARD DEDUCTION IN YOUR TAX - IS A GREAT DRAM/BLUFF BY JAITLY SEE DETAILS+++++++Cabinet approves plans to merge PSU banks-The final scheme will be notified by the central government in consultation with the Reserve Bank. post date 23.08.2017****IBA to restrict the negotiations on Charter of Demands of Officers' Associations up to Scale-III only post dated 07.07.2017*****

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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Friday, February 5, 2021

Irked over loan delay, Madhya Pradesh civic official dumps garbage in Bank ..

Irked over ‘delay’ in disbursal of loans for street vendors under government scheme, chief municipal officer of a municipality in Madhya Pradesh ordered the dumping garbage outside town’s banks. The incident took place at Begumganj town of Raisen district situated about 80 kms from the district headquarters.




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As soon as the banks opened on Monday, sanitation workers who had gathered outside entered the offices to dump garbage. In a few branches where they could not enter, they dumped the garbage on the gates of public and private sector banks. “For a loan of Rs 10,000 street vendors are forced to make rounds of the banks. We had a target of 1,800 beneficiaries for loan distribution under the Prime Minister Swayam Nidhi Yojana. So far, barely 30% of the target has been met. In the past, we have written to the banks, but to no avail. We are under pressure from seniors for disbursement of loans and hence we resorted to this measure. The garbage was removed as soon as bank officials assured quick disbursal of loans,” chief municipal officer of Begumganj municipality, Dheeraj Sharma told TOI.

“The garbage was dumped only for some time and was soon removed after assurance by banks. If the banks won’t disburse loans as per target, then further action would be taken,” he added.
Meanwhile bank officials, claim that they had disbursed loans as per the applications received. Those applications received late are being processed. “It was for around an hour that garbage remained on the gate of our branch before being removed. Our guards did not let the civic body workers get inside the branch. We had a target of 330 cases earlier, of which loans were disbursed to 332 cases. Later, it was revised in December and 350 more were added. Of those 350 only 27 applicants have come with their KYC documents. Unless we get the KYC documents and check the CIBIL score, how can we disburse loans?,” branch manager of SBI, Begumganj, Pratap Singh told TOI.
 

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Home Loan Outstanding Hits Record High of Rs 27.23 Lakh Crore

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