Liquidity problem at banks in Sarlahi solved

BY OUR CORRESPONDENT Sarlahi, May 6: The liquidity problem of banks and financial institutions in Sarlahi is being solved.

Due to the continuous public holidays, the banks and financial institutions here had a shortage of cash for a few days. Especially, service recipients could not get the remittance amount sent from abroad.

Many service recipients from rural areas had to return empty-handed as they could not withdraw the required amount sent by their relatives who have gone for foreign employment. As all the banks and financial institutions are fully open from Wednesday, there is no shortage of cash.

Banks in the market areas of the district, including Lalbandi, Hariwan, Barhathwa, Bayalbas and Malangawa have said that they are providing money as per the demand of the service recipients.

Acting Branch Manager of Rastriya Banijya Bank, Lalbandi Yadav Raj Wagle said that there was no shortage of cash.

He said that they have been providing cash of up to Rs. 1 million as the NRB has instructed to pay up to Rs. 1 million per person in a day.

Other banks in Lalbandi Bazaar have also claimed that there is no shortage of cash.

Arun Acharya, manager of NMB Bank's Lalbandi branch, said that there was no shortage of liquidity for the time being.