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Finance, Issues, Welfare


Andhra CM slams bankers for slack attitude

Amaravati: Andhra Chief Minister Naidu on last night down seriously on the bankers, saying their lax approach was causing problems in the wake of demonetisation.

The CM cautioned at a review meeting with bankers on the currency crisis late this evening that there are reports that people are dying in queues at ATMs and banks. “This is very sad. I shouldn’t hear such news anymore,”he added.

In a press release, the Andhra CM said, in this hour of crisis, bankers should shed their usual business approach and work with people’s welfare in mind, he said.

Chandra babu Naidu further said,“You are not coming up as fast I want to ease the crisis. As bankers you may not have any problem but the government is facing problem.”

The Andhra CM asked bankers to take police’s help in confiscating 13,000 Point of Sale machines that were not being used by merchants and wanted those machines to be given to other merchants.

 

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