Delegation of FICO meets Regional Manager, SBI
Author(s): City Air NewsDelegation of Federation of Industrial & Commercial Organisation (FICO) meets Vipin Nagi, Regional Manager, State Bank of India. Ludhiana, February 18, 2014: Delegation of Federation of Industrial & Commercial Organization...
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Feb 18, 2014 12:30
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Delegation of Federation of Industrial & Commercial Organisation (FICO) meets Vipin Nagi, Regional Manager, State Bank of India.
Ludhiana, February 18, 2014: Delegation of Federation of Industrial & Commercial Organization (FICO) met Vipin Nagi, Regional Manager, State Bank of India, regarding 8,000 pending cheques. It was led by Gurmeet Singh Kular, President, FICO.
The delegation said the industry is passing through face of recession & problems are increasing day by day. The issues highlighted were as under:
Delay in Credit of Payment at centralised Clearing Processing Cell (CCPC): There are 8000 cheques are pending for clearing from the last 7 days. The cheques deposited on February 12, 2014 are still not cleared.
Shortage of Scanners: There are only 4 scanners but 2 are working & the remaining two are out of order. It was requested to sanction 10 new scanners to Centralized Clearing Processing Cell (CCPC) because CCPC is catering to whole Ludhiana.
Shifting of Centralised Clearing Processing Cell (CCPC) to Branch level: Delegation requested to Introduce clearing system at branch level because it is difficult to cater under one roof.
Installation of server at Ludhiana: Delegation requested to install server at Ludhiana because now cheques are cleared from Madras via Chandigarh with stipulated time.
“Due to non credit of payment cheques are dishonouring due to insufficient funds but our payments are under clearing in the accounts raw materials are getting costlier due to non-clearance of cheques”, said Kular.
Vipin Nagi, Regional Manager, assured the delegation that two more scanners will be put up at CCPC from tomorrow onwards & 60 new scanners will be distributed to all the branches and cheques will be cleared at branch level. He also said that after the Installation of sever at Ludhiana all the discrepancies will be solved by the end of the month
the delegation was comprised of Rajeev Jain (Secretary FICO), Balbir Singh Mankoo (Finance Secretary FICO), Jagatvir Singh Jaswal, Satnam Singh Makkar, Manjinder Singh Sachdeva and Jagmail Singh Mankoo.//ludhiana news online, ludhiana news in English, ludhiana news, ludhiana current news, ludhiana news live, Ludhiana breaking news, Ludhiana headlines, Ludhiana latest news, punjab news, india news, punjab news live, punjab news online, punjab news, punjab news headlines, punjab breaking news, india news, punjab news,
