4 Bank Unions Raise Concern Over Unwarranted Pressure for Loans by Municipal Functionaries in UP
Moneylife Digital Team
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Four large unions of bank officer have expressed concern over unwarranted pressure by municipal functionaries to grant and disburse loans in Uttar Pradesh (UP). In a letter to UP chief minister Yogi Adityanath, the unions have urged necessary administrative measures to stop the unwarranted interference by the functionaries at the grass-roots level.
The letter is signed by general secretaries of All India Bank Officers’ Confederation (AIBOC), All India Bank Officers’ Association (AIBOA), Indian National Bank Officers’ Congress (INBOC) and National Organization Of Bank Officers (NOBO).