Lok Sabha Debates
Need To Set Up More Branches Of Nationalised Banks In Thittakuddi And Pannadam ... on 8 August, 2012
> Title: Need to set up more branches of Nationalised Banks in Thittakuddi and Pannadam towns of the Cuddalore Parliamentary Constituency, Tamil Nadu.
SHRI S. ALAGIRI (CUDDALORE) : I would like to draw the attention of the Government towards the lack of financial banking facilities in two major towns Thittakuddi and Pennadam under my Parliamentary constituency, Cuddalore, Tamil Nadu. There is only one branch of nationalized banks each at Thittakkudi and Pennadam towns which is not sufficient at the time of increasing industrialization in above towns. There are many industrial units including two cements factories and one sugar mill running. The facility of two banks in above towns are not fulfilling the demand of these town in respect of their financial activities. I am to state that each branch in each town is not providing adequate services to the people of these towns as well as providing the required financial facilities in the above towns. The Government of India is going to provide the banking facilities in every village having a population of 2000 by the year 2012 and these towns are deprived of financial facilities presently.
I urge upon the Hon’ble Minister of Finance to sanction minimum three branches of nationalized banks in above mentioned towns of my Parliamentary constituency, Cuddalore, Tamil Nadu.