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Dec 22, 2012
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FM asks banks to gear up for Cash Transfer Scheme roll out
Finance Minister P Chidambaram on Friday asked banks to gear up for implementation of the ambitious cash transfer scheme, which seeks to transfer money directly into beneficiary accounts in 51 districts from January 1. "There is lot of work to be done from January 1. There are huge burden, huge responsibility going to fall on your shoulders. It is banks that have to make cash transfer scheme successful. I know you can do it," Chidambaram said at a function of Central Bank of India
Source -
http://economictimes.indiatimes.com
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