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Issuance of duplicate term deposit receipt by Puneet Gupta - issuu - bank deposit receipt
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IANS

Pune (Maharashtra), Oct 3 (IANS) The Coffer Of Maharashtra (BoM) has bankrupt 51 branches beyond the country as allotment of cost-cutting measures in the cyberbanking industry, an official said on Wednesday.

All the bankrupt branches were in burghal centres and were declared unviable and incurring huge losses, said the official of the Pune-headquartered accessible area bank.

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The chief official said on the activity of anonymity that these 51 branches had been alloyed with neighbouring branches.

This is the aboriginal such admeasurement accomplished by any accessible area coffer in Maharashtra. The BoM has about 1,900 branches all over India.

The BoM said the cease accommodation was taken for accessible convenience.

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These shut branches are in Thane (7), Mumbai (6), Pune (5), Jaipur (4), Nashik and Bengaluru (3 each), Amravati, Latur, Aurangabad, Jalgaon, Nagpur, Satara, Hyderabad and Chennai (2 each), Noida, Kolkata, Chandigarh, Raipur, Goa, Solapur and Kolhapur (1 each).

The IFSC Codes and MICR codes of these branches accept additionally been annulled and all absolute coffer accounts in these units accept been transferred to the branches into which they accept been merged.

All barter at these closed-down branches accept been directed to drop their old chequebooks by November 30 so as to accredit arising of new ones.

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The BoM cautioned that back the old IFSC/MICR Codes accept been acicular and shall be discontinued from December 31, the barter should conduct all cyberbanking affairs alone with the new IFSC/MICR Codes.

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Update: 03-October-2018

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