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Snapping business with SBI, PNB: Karnataka pauses its circular for 15 days after two banks pledge to resolve issue

By Economic Times - 3 months ago
Chief Minister Siddaramaiah asked the Finance Department to hold off for 15 days on an order for government bodies to withdraw deposits from SBI and PNB. The decision followed long-standing fraud issues involving government deposits. Both banks requested more time to resolve these matters, and the Chief Minister accepted their plea.

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