New Delhi: The Division of Water Sources of the Authorities of Punjab has despatched an workplace memo to all chief engineers, govt engineers and superintending engineers of the water sources division of the state requesting to shut all financial institution accounts with HDFC Financial institution.
Principal Secretary Water Sources dated twenty second August 2022 has issued an workplace memo. The copy has been forwarded to the Principal Secretary finance with the request to situation instructions to all of the departments to shut the accounts with HDFC Financial institution because it has apparently been famous that the financial institution “by no means co-operates” as and when the division “wants their assist. The memo has been forwarded to all Administrative Secretaries.
Learn the Workplace Memo beneath
Within the workplace memo, it has been written, “It has been dropped at the discover by sure Government Engineers (Drainage-cum- District Mining Officers that the HDFC Financial institution had issued sure financial institution ensures to the mining contractors. These mining contractors have made default in making cost to the state authorities and when the Government Engineers (Drainage-cum- District Mining Officers method the financial institution to encash the financial institution assure, HDFC Financial institution for the one purpose or the opposite will not be encashing these financial institution ensures.”
Accordingly, it has been determined that no financial institution accounts be stored within the HDFC Financial institution. Along with it, in case among the staff had their wage account opened within the HDFC Financial institution they could be persuaded and requested within the bigger curiosity of the division to shut their accounts with the HDFC Financial institution they usually could also be requested to open their wage accounts in every other financial institution of their alternative”.
In the meantime HDFC Financial institution has stated that it honours all its cost obligations as per the phrases of the financial institution ensures issued by the financial institution.
Right here is the assertion from the financial institution.