Bhubaneswar, July 5 -- The Odisha government on Saturday reversed its earlier decision of removing three private commercial banks- Axis, HDFC & ICICI from the list of banks empanelled for handling business and deposits of government organizations and departments.
The Finance Department of the Odisha government has issued a notification in this regard today.
As per the notification, HDFC Bank, ICICI Bank and Axis Bank-will now continue as empanelled banks eligible to handle business and deposits of the state government organisations.
"Due to poor performance in Government Flagship Schemes and unsatisfactory general banking parameters, vide the above-referred letter of Finance Department, Government of Odisha had removed HDFC Bank, ICICI B...