Banks are preparing themselves to face the rush that is expected to hit their branches


With pay day knocking at the entryway, banks are setting themselves up to confront the huge rush that is required to hit their branches over the state.

Joined Bank of India (UBI) has already moved toward RBI to give more money to meet salary withdrawals and pensions. "We likewise plan to open extra counters at all our branches," CEO and MD of UBI Pawan Bajaj told to a news agency.

"We are set up to confront the surge at our branches on compensation day. We have looked for extra money from RBI to take care of part of the demand," an authority from SBI's neighborhood head office here said.

SBI branches will open before the planned time to serve clients, the authority said.

"We have additionally wanted to open up extraordinary counters for senior nationals for benefits withdrawals," he said, including that RBI had assembled a conference with different banks a week ago to talk about the issue.

Meanwhile, most ATMs over the city were either observed with shades down or with 'No Cash' sees held tight their entryways.

Biggest private moneylender ICICI Bank additionally made courses of action to meet surge of pay withdrawals, a bank official said.