Private banks are not meeting demands, say MPs

Private banks are not extending support and benefits to poor beneficiaries under various government schemes, complained MPs Pratap Simha and Dhruvanarayan.

They were speaking at the District level review committee meeting held at Zilla Panchayaton Thursday. Criticising the stand of private Banks, both the MPs directed the Chief Manager of Lead Bank Shivalingaiah to provide necessary instructions to  the private banks to focus on beneficiary services. On receiving the directions from MPs, Shivalingaiah said, “Private banks had agreed to extend benefits to poor beneficiaries at the recent SLBC meeting. However, they have failed to meet their promises. I have received a number of complaints stating that many private banks have refused to offer facilities under various schemes like MUDRA, Pashu Bhagya and others.”

Later, Simha advised the officials to train the bank staffs to communicate in Kannada, as many of the beneficiaries are from rural background and it would be easy to communicate with them in the local language.

CEO of Zilla Panchayat Shivashankar, RBI Lead bank officer Sujatha Shrikantaiah, Chief Manager of Bengaluru Lead Bank D K Anandkumar, SBM DGM Srinivas and others were present.

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