The AIBEA also urged Prime Minister Narendra Modi to honour his word by bringing back black money stashed in foreign banks.

Kerala banks short of cash dont mislead public Banks association tells RBI
news Demonetisation Friday, December 09, 2016 - 19:05

The All India Bank Employees Association (AIBEA) has asked the RBI not to mislead the public by claiming that adequate money was being sent to banks in Kerala.

C.D. Josson, the state secretary of AIBEA, told IANS that while the battle against black money was fine, banks and ATMs had been rendered cashless after demonetisation.

"We banking staff are the contact point with people. When the RBI issues statements that it is providing adequate currencies, the ire of the public at large is against us. This has to stop," said Josson.

He said the need of the hour was Rs 500, Rs 100, Rs 50 and Rs 20 notes.

The AIBEA also urged Prime Minister Narendra Modi to honour his word by bringing back black money stashed in foreign banks.

"We request you to see that the outstanding loans of big corporates and of people like Vijay Mallya be recovered. Also, the names of big (loan) defaulters should be published," it said in a statement.

Earlier, on November 29, the Bank Employees Federation of India (Kerala unit) had decided to hold a protest demonstration, against the central government’s demonetisation scheme and the subsequent misery it had caused the people of the country. 

 

Also Read: Kerala bank employees to protest demonetisation, but not during banking hours

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