Sunday, July 14, 2024
    HomeTelanganaDistrict Collector holds meeting with bankers to ensure implementation of MCC

    District Collector holds meeting with bankers to ensure implementation of MCC

    Related stories

    DC BM Santhosh instructs officials to guarantee the execution of welfare programs

    District Collector BM Santhosh has instructed officials to ensure...

    Government seeks feedback from farmers on Rythu Bharosa

    The State government is seeking feedback from farmers to...

    BJP Unveils 1,500-Day Strategy to Become Top in TG

    The 2024 Parliament election results have changed the perception...

    In Wanaparthy, District Collector Tejas Nanda Lal Pawar held a meeting with bankers to enforce the Model Code of Conduct. The Collector instructed the bankers to be vigilant when opening bank accounts for political leaders and candidates during the election period. They were advised to regularly monitor the account profits and report any transactions exceeding 10 lakhs to the Income Tax Department.

    Special attention was also given to cash transporting vehicles of all banks. The Collector emphasized the importance of thorough verification before allowing movement of these vehicles and ensuring that only authorized personnel are present. Officials were instructed to wear ID cards and carry relevant documents at all times.

    - Advertisement -
    Also read:  Jogulamba collects 5866 623 rupees in Hundi offerings

    To prevent illegal cash possession, Flying Squad Teams (FST) will be patrolling the district and confiscating any cash suspected to be over Rs 50,000 without proper evidence.

    The Collector highlighted the need to monitor transactions of small amounts in order to identify any suspicious activity. Businessmen and wine shops in the district were specifically mentioned as they often deposit large sums of money.

    - Advertisement -

    Furthermore, the bankers were instructed to provide daily transaction information to the district collector’s office, particularly regarding suspicious accounts. This information should be submitted in the evening.

    - Advertisement -
    Rajesh M
    Rajesh M
    Latest News from Hyderabad, Telangana, India & World!

    Follow us


    Contribute News

    You can contribute an article to Telangana Tribune by dropping a mail at

    Latest stories


    Please enter your comment!
    Please enter your name here