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All India Bank Employees Association demands RBI Governor Urjit Patel’s resignation

Pointing out the silence of Patel on the note ban,Utagi said he should resign immediately.
MUMBAI, INDIA - JANUARY 29: Dr. Urjit Patel, RBI new Governor of Reserve Bank of India

Criticising Reserve Bank of India Governor Urjit Patel’s handling of the post demonetisation crisis, All India Bank Employees Association vice-president Vishwas Utagi on Wednesday said the bank unions were firm on their stand for the resignation of the former as well as the lockdown of RBI.

Pointing out the silence of Patel on the note ban,Utagi said he should resign immediately.

Utagi said to ANI:  “Since two weeks, the bank employees are working from eight in the morning till midnight including weekends. Still, there are truckloads of work to do. There has been absolutely no cooperation from the RBI’s side.”

“It added to the mess by banning cooperative banks from exchanging old notes or accepting deposits,” the union leader added.

Citing the presenting situations in banks as a mess, Utagi also said there have been in total ten lakh bank employees who are working day and night to ease the situation. He also pointed out that there are inadequate cash counting machines, fake notes detection machines and manpower security personnel.

The remarks of the employee union leader come at a time when the government is cornered by the opposition in Parliament and demanding Prime Minister Narendra Modi’s presence in the House to explain the rationale behind the currency ban.

 

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