18 bank branches to remain closed in Belagavi

April 19, 2020 08:02 pm | Updated 08:02 pm IST - Belagavi

As many as 18 branches of 12 banks that are functioning in villages or towns from where coronavirus positive cases have been reported will be closed.

In a letter to Deputy Commissioner S.B. Bommanahalli, district lead bank manager has said that branches in the military camp area in Belagavi, Bilgundi, Hire Bagewadi, Kudchi, Peeranwadi, Halaga, Sankeshwar and Yallur will be closed.

The district administration has identified and declared these areas as sensitive due to the tracing of positive cases. The police are asking us to close down the branches as crowd control can be a problem in these branches, he said.

The Automated Teller Machines (ATMs) in these areas have been replenished with cash. The services of banking correspondents will be utilised wherever available, he said.

However, this has not gone down well with the residents. “Cash flow is a necessity during lockdown. We will face serious problems if the banks don’t function,’’ said Sambhaji Birajdar, a resident of Bilgundi. The government should ask the banks to function with strict adherence to social distancing norms, he said.

Banking correspondents are not in sufficient number. More over, the police are blocking their movement too. It would be better if the branches were kept open, said K.N. Doddi, a resident of Peeranwadi.

Bank staff are apprehensive of going to their branches, say bank officers. Some staff have threatened to go on leave if forced to work in areas where positive cases have been detected, an officer in the lead bank said.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.