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Wednesday, 27 December 2017

BANK ACCOUNT RELATED NEWS

BANK ACCOUNT RELATED NEWS

You can get bad news from the five big banksof the country in the new year . If these banks follow the guidelines of the Central Government and the Reserve Bank of India , then it will not only affect the customers of these banks but also the employees working here.

Finance Ministry has given orders to the banks The
Finance Ministry has ordered all public banks on Monday to close down all the branches running in losses so that operational costs can be reduced. The Central Finance Ministry has asked public sector banks to restructure their domestic and overseas branches to improve the financial condition under the reform process.

Official sources said that under the practice of saving money, banks have been asked to shut down the domestic and overseas branches in losses. Sources said that the operation of the branches of the loss does not make any sense and they are loads for the balance sheet.
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