Rs 1000 cr pension undistributed | india | Hindustan Times
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Rs 1000 cr pension undistributed

A DIRECTIVE of the SBI Corporate Centre in Mumbai to keep its Lucknow main branch closed for a public holiday on Tuesday had resulted in state government pension amounting to Rs 1,000 crore remaining undistributed in the Lucknow circle.

india Updated: Apr 12, 2006 01:14 IST

A DIRECTIVE of  the SBI Corporate Centre in Mumbai to keep its Lucknow main branch closed  for a public holiday on Tuesday had resulted in state government pension amounting to Rs 1,000 crore remaining undistributed in the Lucknow circle.

“All members and office-bearers of  the SBI unions in the Lucknow circle had urged the bank’s senior management in Lucknow on Monday night to keep the SBI main branch  open on Tuesday for clearing pending work mainly related to government pension in the Lucknow Circle”, K K Singh, president of SBI staff association, Lucknow Circle told HT.

The SBI senior management got in touch with the Corporate Centre in Mumbai at around  9 pm on Monday and the permission to keep the main branch open was denied. “We (SBI employees) would have cleared all the pending government and public dealings today (Tuesday) itself”,  he said.

“The SBI main branch in the Mumbai and Bhopal circles are open today (Tuesday). It is still not known why the SBI Corporate Centre denied permission to keep the bank’s main branch open in the Lucknow Circle.” Singh said.
The SBI main branch in Lucknow Circle carries out, on an average, public and government dealings worth Rs 100 crore to Rs 300 crore every day, Singh added.
He said that while SBI employees have been able to clear 75 per cent of the backlog work on Monday itself with pension bills for central government organisations such as CDRI, NBRI and other institutions being cleared in the Lucknow Circle, the state government pension bills would positively be cleared on Wednesday in the Lucknow Circle, Singh added.