NEW DELHI: With salary day drawing near, the finance ministry has asked public sector banks to ensure enough cash to meet the heightened demand across the country amid the 21-day lockdown triggered by the coronavirus outbreak.
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Bank branches have been asked to remain open for facilitating withdrawal of money to be credited through direct benefit transfer to accounts of farmers, old-age person, widow and disabled under the Pradhan Mantri Garib Kalyan Yojana.
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Banks are expecting a huge number of footfalls due to expected disbursement in Jan Dhan accounts, women beneficiaries, pension accounts and PM Kisan beneficiaries, among others, in the days to come, said a senior bank official.
Besides, there will be heavy rush for the cash withdrawal starting April 1 as salaries will hit bank accounts, the official said adding that salary starts hitting account from the last working day of the month till 10th working day of a new month.
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