Bhubaneswar, June 22 -- https://images.odishatv.in/uploadimage/library/16_9/16_9_0/IMAGE_1651892082.jpg
In a significant and unprecedented move, the Odisha government has decided to remove three major private sector banks-HDFC Bank, ICICI Bank, and Axis Bank-from its panel of approved financial institutions. This decision comes in the wake of alleged subpar performance in implementing various government schemes over the past two years and their continued failure to meet essential banking standards.
According to sources within the Finance Department, the Odisha government had been closely monitoring the involvement and efficiency of these banks in executing state-sponsored welfare programs and development initiatives. Despite repeated expe...