Wednesday, 1st April, 2020


Impressed with the performance, MPs request an Axis Bank Branch within Parliament premises

16, Dec 2016 By Sandeep Kadian

New Delhi: Impressed with the post-demonetization performance of Axis Bank, some MPs have come together and asked for an Axis Bank branch within the premises of the Parliament. This demand for a new branch was raised on the last day of the winter session today, a session in which nothing else of note happened.

Politicians’ bank of choice now

In the weeks following the announcement of demonetization, several cases related to Axis Bank have come up where fake accounts were created to launder people’s black money. While Axis Bank has suspended 19 employees after these cases, some politicians have really appreciated the performance of these employees.

“We have been following the developments very closely since demonetization and I must say, this is the bank that has impressed us the most. There have been sporadic cases from other banks too but obviously they didn’t have the dedication or focus of Axis. These are the qualities we look for while selecting a bank and that is why we think Axis should open a branch within Parliament premises. We will be able to do all our banking activities in between adjournments if we have a branch here. At least we will do something productive here”, an MP said on the condition of anonymity.

Another MP present at the scene said,”Earlier we had to spend half our time finding a good banker or agent who can work with us. Now we can save all that time and use that to work for the development of our constituency. Ultimately it is the public that is benefitting na. Therefore, Axis Bank should open a branch here and ideally post those 19 suspended employees in this branch.”

Meanwhile, Axis Bank has issued a statement to its clients in which they have asked the people to not get scared by the huge crowd outside Axis branches as half of them are Income Tax officials.