Rahul Singh
Great Nicobar, May 17: The two operational banks at Great Nicobar viz Canara and Andaman Nicobar State Cooperative Bank have drawn the line of withdrawal for the last 10 days, which have raised many people’s eyebrows.
As per reports, the banks are not letting any customer withdraw more than Rs 10,000. Such a limit that too by the banks have brought a sense of insecurity among the residents of the Great Nicobar Island.
“I am coming from Afra Bay and Rs 10,000 won’t be sufficient for me to manage this entire month, it’s my money and it must be my call on how much I want to deposit or withdraw, now because of this I will have to come again to withdraw money,” said a Canara Bank customer.
Andaman Sheekha tried to learn the reason behind the step taken by the bank and hence contacted the senior manager of a PSU bank in this regard, who on condition of anonymity said that due to no rotation of money in the market following the lockdown the banks in the region may be having cash crisis.
Secondly, he added that maybe because of the restrictions in the movement, the staffs of the concerned banks have not gone to remit the cash from their Port Blair Branch.
Though reason may be many following the lockdown, such limitations by banks are scaring people and making life more difficult for them, hence before the public panics, the administration must take the necessary step to resolve the issue.
