Thursday, 25 April 2024

 

 

LATEST NEWS When the Congress government came, 50% reservation to women and MSP to farmers : Anuma Acharya AAP’s hard hitting attack on Channi: Post 1st June you will be arrested Manish Tiwari will win by a Huge margin: Jarnail Singh Amman is back with Romantic Track 'Dil Kare' Congress is working to divide the country in the name of religion and caste: Dr. Subhash Sharma PM Modi synonymous with trust, hope, credibility: Devender Singh Rana Atal Dulloo reviews the working & Public Outreach activities of Information Department General, Police Observer interact with Zonal, Sectoral Magistrates, BLOs of district Reasi Div Com Jammu, ADGP visit Rajouri, review preparations for elections Lt Governor addresses seminar on National Education Policy 2020 at Ghazipur DC Bandipora Shakeel ul Rehman Rather reviews Floriculture, Fisheries, Sericulture Departments DC Bandipora Shakeel ul Rehman Rather reviews performance of AHD DC Bandipora Shakeel ul Rehman Rather reviews Agriculture Sector DEO Bandipora Shakeel ul Rehman Rather inspects EVM, material strong room DEO Bandipora Shakeel ul Rehman Rather reviews poll preparedness Harnit Singh Sudan (IAS 2023) Interacts with IAS/JKAS Aspirants Marathon under SVEEP held at Samba to maximize voter awareness DEO Kupwara reviews transportation of polling staff, EVMs DEO Kulgam flags-off cycle rally under SVEEP to raise voter awareness 5 more candidates file nominations for Srinagar Lok Sabha seat TV Serial Actor Abhinav Shukla Net Worth 2024 | 5 Dariya News

 

Supply adequate cash or face agitation, bank union warns RBI

Listen to this article

Web Admin

Web Admin

5 Dariya News

Chennai , 08 Dec 2016

A major banking sector union on Thursday asked the RBI to supply adequate cash to nationalised bank branches and ATMs or stop cash transactions, otherwise they may resort to agitation and even go on strike.The All India Bank Employees' Association (AIBEA) however refuted a news report that the unions would strike work next week."We will be writing to RBI to ensure supply of adequate cash to all the nationalised bank branches or accept that there is insufficient cash in the system and stop cash transactions," AIBEA General Secretary C.H.Venkatachalam told IANS."While there is enough cash with private bank branches and the ATMs run by them, there is no supply of cash to nationalised banks. We also wonder how State Bank of India (SBI) is getting cash to fill in their ATMs 19 times a day in Delhi when other government owned banks do not get any," he said.Reacting to the news of a strike threat, he said: "As a responsible union we will not resort to any flash strikes. We will have to give 14 days notice before going on strike.""We will decide our course of agitation after December 12 or 13. Our agitation would include demonstrations and even a strike. We have to discuss with other unions in the banking sector," Venkatachalam added.Citing the Reserve Bank of India's statements about sufficient cash in the system, Venkatachalam said: "If that is the case, let the RBI remove all restrictions of withdrawals."He said while the nationalised banks are not getting sufficient supplies of cash, bankers are getting abused by the public for no reason."The RBI is testing our patience," he added.

 

Tags: RBI , Demonetisation

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2024 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD