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SLBC organises special campaign on digital payments
SLBC organises special campaign on digital payments

SLBC organises special campaign on digital payments

Hyderabad: Telangana State Level Bankers’ Committee (SLBC) held a Special Campaign to on-board merchants to accept digital payments upon culmination of 100 days of Digi Dhan Melas at the Institute of Engineers, Khairatabad here on Friday.

Union Labour Minister Bandaru Dattatreya, Finance Minister Eatala Rajender, MLA Ch Ramachandra Reddy, Principal Finance Secretary K Rama Krishna Rao, Secretary (Finance) Sandeep Sultania, Hardayal Prasad, CGM, Mani Palvesan, CGM, SBI,.G T Venkateswara Rao Commissioner, MeeSeva and Giridhar Kinni, General Manager, SBI and SLBC Convener V Thyagarajan attended the event.

Representatives from all major banks and Merchants participated in the event.

SBI CGM Mani Palvesan, in his address paid tributes to Bharat Ratna Dr. Babasaheb Ambedkar, who was instrumental in architecting the nation and explained the importance of the special campaign for on-boarding merchants.

He also explained how the digital transactions are increasing day-by-day in the state of Telangana.

Rama Krishna Rao explained the importance of digital transactions.

Eatala Rajender in his address asked the Central Government to take a decision to waive the charges on digital transactions so that more number of merchants can be on-boarded for digital payments.

He told public will always be in the habit of using cash when it is available in plenty. He told that he has requested the Prime Minister to take necessary steps to improve the digital transactions.

Bandaru Dattatreya, in his speech said that Prime Minister Narendra Modi has taken bold decisions to reduce the cash transaction to avoid malpractices.

During the last 100 days Digi Dhan Melas were conducted and this special campaign to on-board merchants today being held today in various centers is grand conclusion for the same.

Dattatreya, Eatala Rajender and other dignitaries distributed Aadhaar enabled Biometric devices to the merchants of State Bank of India, Andhra Bank, Bank of Baroda, Axis Bank, ICICI Bank of India and other banks.

It is felt by all the dignitaries that this Aadhaar Enabled Bio-metric device would bring revolution as there is no need for the user to have card and they can do transactions with the merchants by using the thumb and transact with their Aadhaar linked account.

Arrangements were made for live telecast of the Prime Ministers’ programe at Nagpur and the Dignitaries, merchants and invitees witnessed the Prime Minister’s Programme live. (INN)

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