Regulation of deposits with Banks - Inclusion of BharatiyaMahila Bank Limited

GOVERNMENT OF ANDHRA PRADESH

ABSTRACT

Finance (IF) Department – Regulation of deposits with Banks including

Cooperative banks,Regional Rural Banks and Financial Institutions- Inclusion

of BharatiyaMahila Bank Limited- Amendment orders – Issued.

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FINANCE (DI-IF) DEPARTMENT

G.O.MS.No. 130 Dated: 05.10.2015

Read the following:-

1) G.O.Ms.No.30, Plg.(XXII) Dept., dt.23.08.2002.

2) G.O.Ms.No.32, Plg.(XXII) Dept., dt.07.10.2002.

3) G.O.Ms.No.43, Plg.(XXII) Dept., dt.20.12.2002.

4) G.O.Ms.No.04, Plg.(XXI) Dept., dt.16.03.2004.

5) G.O.Ms.No.215, Fin(IF) Dept., dt.20.07.2006

6) G.O.Ms.No.124, (Fin (IF) Dept., dt.23-04-2009.

ORDER:

                   In the reference 1st to 6th read above, 44 Banks and 2 Corporations

have been notified for maintenance of Government Accounts /Funds. The

Committee constituted by the Government to examine the requests of the

individual banks has favourably considered the appeal of “BHARATIYA MAHILA

BANK” to include their name in the list of Notified Banks. With the inclusion of

the said bank, the number of notified banks has gone up to 45.

2. Taking into consideration of the existing guidelines, the BharityaMahila

Bank has been notified by the Government for placing the Government funds

with the said bank.

3. All the other Guidelines/Conditions for Depositing the Government

Money Funds with Notified Banks/Institutions remains unchanged including

the one as under has to be followed strictly by the BharatiyaMahila Bank Ltd.,

I. No account shall be established by any Bank in favour of any

Government department/ Office. / Corporations/

Undertaking/ Autonomous Institutions without Finance

Department concurrence.

II. The Bank that receive deposits from Government

Department/ Undertaking/Agencies/ Other Government

Institutions & Corporations; shall submit a monthly return

as per the Proforma appended, by 10th of every month their

branch wise information regarding deposits kept by the

Government Departments/Agencies to the Finance

Department in electronic form as well as in hard copy.

Persistent delay/default in complying with this requirement

may result in de-notification of the banks concurred.

III. These orders shall come into force with immediate effect.

(BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH)

DR.P.V.RAMESH

PRINCIPAL FINANCE SECRETARY TO GOVERNMENT

                                                     APPENDIX

STATEMENT SHOWING THE ACCOUNT – WISE DEPOSITS MADE BY THE

GOVT.DEPARTMENTS/ PUBLIC SECTOR UNDERTAKINGS WITH BANKS -

POSITION AS ON --------------

(Last working day of the Month).

Name of the Bank:

Branch:

Sl.No.	Institution/Dept.which Deposited the amount	Amount of Deposit(Rs.in Lakhs)		Total
		Saving/current Deposit	STDR/Term Deposit
1	2	3	4	5