Home - Banking News - Minister Issued Letter To Stop Salary Increment of Bank Official With Not Enough Mudra Loan

Minister Issued Letter To Stop Salary Increment of Bank Official With Not Enough Mudra Loan

Recent Media reports stated that Union Minister of State for Home, Hansraj Ahir had issued a letter to Ashutosh Salil, DM of Chandrapur district in Maharashtra asking him to stop annual salary increment of those branch managers who have not completed their target to sanction the MUDRA loans.

This letter was issued on June 6 by MoS for Home Hansraj Ahir in marathi where orders Ashutosh Salil, to provide data from all banks (branch-wise) regarding the amount of MUDRA loan disbursal against the set target. 

Another MUDRA Loan Fraud Reported By PNB To CBI 

Letter-Mos-Stop-salary

Minister also asked Chandrapur DM to collect information about the deposits of Zila Parishad, govt & quasi-govt organisations in banks. He directed the District Magistrate to withdraw the deposits from banks that are not performing well and shift the deposits to performing bank branches.

In a letter, it is also ordered to get the details of 3 years audit reports of all banks, details from banks who have given loans for Kharif crop during 2018-19 and revelation of names of the loan defaulters who have taken more than 50 lacs from the banks.

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