June 29, 2026 07:56 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Fresh paper leak rocks India: Maharashtra TET postponed a day before exam, over 4 lakh aspirants affected | Pune fort murder case: Siya Goyal's brother says family would have called off marriage if she had objected | Donald Trump gets a road named after him in India, says 'Thank You!' | Fresh setback for Gautam Adani? US judge asks DoJ to justify dropping criminal charges | Ram Mandir Trust chief Champat Rai resigns as alleged donation siphoning row escalates | Ram Mandir fund row deepens: 8 arrested days after BJP called allegations 'false narrative' | 'Who tied the hands of CBI?': Calcutta HC on RG Kar case; victim's mother, now BJP MLA, says she is 'deeply disturbed' | Construction comes to a standstill at nearly 700 Kolkata projects after Taratala warehouse tragedy kills 15 | World Cup shocker! Ecuador stun Germany 2-1, storm into Round of 32 | Iran-US conflict: Cargo vessel hit near Strait of Hormuz, UN agency pauses evacuation operations

SBI chairman dismisses Manmohan Singh's allegation, says demonetisation won't affect economic growth

| | Jan 13, 2017, at 03:43 am
Guwahati, Jan 12 (IBNS): The Chairman of State Bank of India (SBI) Arundhati Bhattacharya on Thursday denied the allegation of former Prime Minister Manmohan Singh on demonetization.

The former PM said that, while the economic situation has already become bad, “worse is yet to come”.

Inaugurating an SBI ATM at Gopal Krishna Tea Estate in Middle Assam’s Morigaon district, the SBI Chairman told media persons that, demonetization will not affect the economic growth.

She said that, maximum money has come back to the system and Rs 4 lakh crore to flow into the system within the month February next.

“SBI will revive growth for the next two to three months,” Bhattacharya said.

The SBI Chairman appealed all section of people to take part in the movement of digital economy.

As per the Assam government directives of covering every tea gardens located in the state, the country’s largest Bank SBI had opened an ATM at Gopal Krishna Tea Estate, near Jagiroad.

Arundhati Bhattacharya expressed her happiness to see the opening of an ATM at the Tea garden and said that will go a long way in providing cash less transaction among the tea garden workers.

Bhattacharya also described the importance of having bank account for all tea garden workers.

The SBI Chairman inaugurated the new ATM at the garden in presence of PVSLN Murty, Chief General Manager, State Bank of India, North Eastern Circle, Om Prakash Mishra, General Manager of the Bank, Jogesh Chandra Sahoo, Deputy General Manager of Guwahati Module, other senior functionaries of the Bank, office bearers of the NGOs, Management and Staff of the Garden and a large gathering of public at a function.

The premier bank also donated two school buses and other utility items to two NGOs Shishu Shiksha Samiti, Assam and Shishu Sarothi Spastic Society, Guwahati.

The cheques and the keys of the donated vehicles were handed over by the Chairman to Dr. Bibekananda Sarma, Secretary of Shishu Shiksha Samiti and Arman Ali, Executive Director of Shishu Sarothi Spastic Society.

The SBI Chairman also donated some medical equipment to Gopal Krishna Tea Garden Hospital for providing better medical facilities to the tea garden labourers and their family members.

(Reporting by Hemanta Kumar Nath)
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm