Finance Minister Pranab Mukherjee has accepted in Lok Sabha that some banks are not following guidelines on opening no frill zero balance accounts in rural areas. He said efforts are being made to provide banking facilities to remotest part of the country through various means.
The finance minister said some of the banks might not be observing guidelines of the RBI in opening no-frill, zero balance accounts in rural areas. He added banks have been told to listen to the political leadership and the state governments in addressing the grievances of the people.
Several members across political parties supported finance minister views.
He added he has been receiving request from Chief Ministers that meetings of state level bankers should be held. Likewise officers have been instructed to hold meetings with bank officials at the district level in order to eliminate the role of the middleman.
He said, there is a need for a “vigilant mechanism”, therefore branch officers are being made accountable.
In a reply to another question, Minister of State for Finance Namo Narain Meena ruled out any special incentives for bank officials deployed in rural areas. He said, "It is part of their normal work."
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment