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'Cannot shift 90,000 lockers till March'

A six-week relief (from January 23) notwithstanding, banks operating from non-commercial premises of Noida are not upbeat. They say it will be "extremely tough" to get plots, build strong rooms, buildings and relocate in "a short span of time".

Updated on: Feb 02, 2012 11:38 PM IST
Hindustan Times | By , Noida
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A six-week relief (from January 23) notwithstanding, banks operating from non-commercial premises of Noida are not upbeat. They say it will be "extremely tough" to get plots, build strong rooms, buildings and relocate in "a short span of time".

HT Image
HT Image

"We understand that once banks can get plots, they can approach the court and seek time for construction. As things stand now, if we don't move out by March 5, our premises will be sealed. Where do we take our assets and lockers? The authority has delayed relocation plans. Tomorrow is the last date for applying for plots. Shifting operational banks will be very difficult," said Arun Kumar, a representative of affected banks.

Branch manager of Indian Bank in sector 19, Ashok Kumar, said, "Our primary concern is the safety and security of our clients' assets. Building strong rooms for lockers will take at least two months. It has to be done according to RBI guidelines. We can't be casual."

 
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