India, June 24 -- After de-empaneling three private banks for not meeting general banking parameters, Odisha government clears confusion over its order on closure of bank accounts.

In an official notification, Odisha Finance Department clarified that the instructions communicated to all departments asking to close their bank accounts in HDFC Bank, ICICI Bank and Axis Bank, will not be applicable in case of Single Nodal Agency (SNA) bank accounts, payment aggregator/payment gateway bank accounts, Agency bank accounts (for collection of state government dues) and NPS/Pension trustee bank accounts currently maintained in these three banks.

Hence, the bank accounts of the state government organisations will continue in these private bank...