Bank Is Not Taking Coins, On The Brink Of Closure Of Bread Industry


Lakhnao businessmen of Bengal are very worried about coins. Since the last few years coins have been refusing to deposit the bank, whereas most of the bread is in coins only. Bhupendra Aggarwal, President of Uttar Pradesh Bread Manufaq Ring Association (UPBMA) said this. Bhupendra Agarwal said in the press conference on Monday, "Today our bread industry of Uttar Pradesh is going through a crisis hour. In the past few years, the arrival of coins in the market has increased manifold in the last few years, mainly due to the medium of banks by the RBI. The coins are being supplied wildly in the market, but these coins are not being accepted by the banks. The crisis of capital has emerged. 

" He said that due to non-payment, today the industry is on the verge of closure. Agrawal said that the industry is repeatedly requesting the RBI, the government and central governments to resolve it, but the situation is becoming increasingly critical day by day and the small industry is on the verge of closure.

He said, "Our Chief Minister Yogi Adityanath and the Central Government are requested to instruct the banks to deposit coins to save the small industries of Uttar Pradesh, which can save the small scale industry." Agarwal said that if the problem of coins was not overcome in 10 days, then the bread factories will have to shut down.
Bank Is Not Taking Coins, On The Brink Of Closure Of Bread Industry Bank Is Not Taking Coins, On The Brink Of Closure Of Bread Industry Reviewed by Ankur Lad on September 18, 2017 Rating: 5

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