MP bank branch sealed, then allowed to reopen

(Eds: Updates, add quotes)

Shajapur (MP), February 23 (PTI) A branch of the State Bank of India has been sealed off in Shajapur, Madhya Pradesh, by district authorities after apparently failing to grant loans of Rs 10,000 to applicants in the part of the Pradhan Mantri Street Vendor. Atmanirbhar Nidhi’s (PM SVAnidhi) program, officials said on Tuesday.

SBI’s Magaria branch was sealed on Monday afternoon for not disbursing loans despite organizing a camp, and for operating the branch from residential property instead of its designated location, said said a statement from the Shajapur district administration.

He added that additional collector Manjusha Vikrant Rai, deputy collector Juhi Gupta, Tehsildar Dr Munna Ad as well as revenue and police officials were present when the action was taken.

However, he was allowed to resume operations by district officials later Tuesday, although employees under the aegis of the SBI officers’ union stopped working for the day in protest.

Rajnish Chopda, the manager of the sealed branch, told PTI that a memorandum had been submitted to the district collector by bank staff, including those from the lender’s Bhopal office, demanding the suspension of officials involved in the ‘incident.

“The branch was unsealed on Tuesday,” Chopda added, while the chairman of the SBI Officers’ Association (MP-CG), Madan Jain, confirmed that “to protest the incident, the SBI and other banks stopped working on Tuesday “.

“We will discuss this matter with senior SBI officials and further action will be taken after a week,” Jain added.

The protest letter written to the collector by branch staff claimed that the officials behaved badly during the sealing operation.

The letter written by bank staff also claimed that 59 people had received loans under the Central program and that officials had been notified on Monday afternoon, but despite this, sealing action was taken with the call from the police.

The letter also claimed that the branch employees were forcibly taken to the tax collector’s office and allowed to leave after some time.

However, the allegations were denied by the additional collector who claimed that the sealing process was carried out according to the rules and that no staff were the victim of any sort of misconduct.

Incidentally, on February 1, garbage was reportedly dumped by municipal workers outside the branches of four banks in Begumganj, Raisen district, for failing to make loans to street vendors. PTI COR MAS BNM BNM

Warning :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI

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