Advertisement

HindustanTimes Wed,17 Sep 2014

All bank branches to have one ATM before March, 2014: FM

PTI  Sivaganga , July 28, 2013
First Published: 13:44 IST(28/7/2013) | Last Updated: 13:46 IST(28/7/2013)
Public sector banks have been asked set up ATMs in all branches by March, 2014 to enable customers in rural pockets to do banking round-the-clock, Finance Minister P Chidambaram has said.
    
Inaugurating the 5999th branch of Punjab National Bank at nearby Tirupattur, he said orders had been issued to all nationalised banks in this regard and their CMDs had been asked to implement the same in the current financial year.
    
The Finance Minister has also asked banks to take steps to set up 8,000 branches in the country, especially in rural areas. Last year 6,000 branches were opened, he said while speaking at a function last night in connection with PNB branch inauguration.
    
He said banks had also been directed to disburse crop loans to farmers and offer advances to purchase agriculture equipment.
Advertisement

Advertisement
more from India

Two militants killed in an encounter near LoC

Two militants were on Wednesday killed in an encounter with security forces near the Line of Control in Macchil Sector of Kashmir Valley. Two AK-47 rifles and one UBGL along with other war-like stores were recovered from the site.
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved