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11 May 2017
A
public outcry erupted in Kerala after the State Bank of India (SBI) announced
that charges would be levied on all cash withdrawals from its ATMs from June
onward.
The
bank's new order states that every time a SBI customer withdraws cash from an
ATM a charge of Rs 25 would be levied and charges would also be levied for
exchange of old and sullied notes above Rs 5,000. The Total Investment & Insurance Solutions
"This
is outrageous and the central government is cheating the people. Ever since the
demonetisation began, the Centre has been bullying people. This is going to be
taken up in and out of parliament very strongly," said CPI-M Lok Sabha
member M.B. Rajesh.
Popular
film personality Shobi Thilakan called it an "anti-people policy of the
Centre".
"The
SBI has turned out to be worse than the local money lenders and is out to
fleece the common man. There has to be a public outcry against this new
policy," said Thilakan.
Customers
spotted in front of an SBI ATM here also expressed anger.
"The
Centre has cheated people and it has to be seen from the perspective that they
did this very tactfully because Kerala's own bank (State Bank of Travancore)
has been merged with the SBI. The people who banked with SBT have now become
SBI customers and now they are at the receiving end," said a retired
teacher, after withdrawing money from the ATM.
Another
angry SBI customer from Kottayam said barring the lone Bharatiya Janata Party
(BJP) legislator in the 141 member Kerala assembly, all others strongly opposed
the merger and passed a resolution to this effect. The Total Investment & Insurance Solutions
"This
was bound to happen and these are measures to pick the pockets poor people. We
wish to know what the state BJP leaders have to say on this. There should be
mass protest in Kerala against the SBI," said the angry SBI account
holder.
Of
the 880 SBT branches in Kerala, more than 400 were closed and at present there
are over 800 SBI branches in the state.The
Total Investment & Insurance Solutions
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