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Tuesday, December 20, 2016

Post Offices Goes Cashless Transaction ?? or No Cash No Transaction?


Many Post Offices in all over India are found short of new/valid currency notes for grant of withdrawals. Since SBI has refused to provide sufficient funds to Post Offices.

NO Action is found from the Postal Authorities even after knowing that the State Bank of India has stopped providing funds to Post Offices.
The staff of Post Offices are fed up after answering the public on the issue .. it is learnt that withdrawals at several Post offices has been stopped due to insufficient funds. Minor withdrawals are found allowed from the cash deposited in Accounts.

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