Odisha Government Reinstates Private Banks for State Deals

Odisha Revokes Move to De-empanel Axis, HDFC, ICICI Banks

A notification issued by the state finance department confirmed the reversal, allowing the three banks to continue as empanelled institutions authorised to manage government-related financial transactions

Odisha Govt Allows 3 Pvt Banks to Handle State Business

Get latest articles and stories on India at LatestLY. The Odisha government on Saturday withdrew the restrictions on three private banks and allowed them to handle state business, according to an official order. India News | Odisha Govt Allows 3 Pvt Banks to Handle State Business.

Odisha Government Reinstates Private Banks for State Deals

The Odisha government has lifted restrictions on HDFC Bank, ICICI Bank, and Axis Bank, allowing them to manage state business again. This decision follows a meeting between senior bank officials and Chief Minister Mohan Majhi, during which banks assured improvements in priority sector lending and credit-to-deposit ratios.

Odisha withdraws decision to de-empanel Axis, HDFC & ICICI banks

Odisha govt reinstates HDFC, ICICI, Axis Banks for govt deposits after performance assurance. Read the latest Finance Department notification details.

Odisha govt. revokes restrictions on delinked HDFC, Axis and ICICI Banks

Bhubaneswar, July 5: The Odisha government on Saturday revoked the restrictions earlier imposed on the delinked HDFC, Axis and ICICI Banks with their submission to cooperate in the government in developmental funding. With it, the Odisha Finance department decided to include the HDFC Bank, ICICI Bank and Axis Bank in list of banks empanelled for handling state business and deposits of the state funds. These three banks were delinked from the sta…

Odisha government allows 3 private banks to handle state business

The Odisha government has reversed its decision to restrict HDFC Bank, ICICI Bank, and Axis Bank from handling state business. This decision follows assurances from the banks to Chief Minister Mohan Majhi on July 1, committing to improve their performance in priority sector lending and credit-to-deposit ratio.