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Banking Service Limp Back


After being crippled for about a week due to Cyclone Fani, Banking Services are limping back to normalcy in Coastal Odisha on 9 May.


Several bank branches and ATMs started functioning due to restoration of power and internet service, Information and Public Relations Secretary Sanjay Kumar Singh told Media, while briefing them about post-cyclone restoration work. Director Information and Public Relations Lakshmidhar Mohanty was present during briefing.

Mr.Singh said there are at least 2,359 ATMs in the cyclone-hit towns of Puri, Khurda, Bhubaneswar, Cuttack, Jagatsinghpur and Kendrapara. Of these, 596 ATMs have been made functional by Thursday, he said.

Mr.Singh said of the 1,690 bank branches, 928 have been operational in Puri, Khurda, Bhubaneswar, Cuttack, Jagatsinghpur and Kendrapara towns.

Mr.Singh said there are 707 bank branches in Khurda and Bhubaneswar of which 372 have been operational. Of the 1,164 ATMs in these two towns, 197 have been made operational

While work for restoration of power and telecom infrastructure severely battered in the natural disaster, it is taking time to be fully stabilized.

The banking service has been made operational in certain urban pockets of Puri, Bhubaneswar, Cuttack, Jagtsinghpur and Kendrapara.

Similarly in Cuttack, the official said of the 422 bank branches, 260 have been operational and of 593 ATMs, people can withdraw cash from 162. In Jagatsinghpur, of the 178 bank branches, 123 have been operational and 112 ATMs function of the total 196.
In Kendrapada, there are 144 bank branches of which 113 have been made functional. Of total 169 ATMs, 105 have started delivering services, Mr.Singh said.

Meanwhile, the Reserve Bank of India has asked all the operational banks to keep the branches open till 6 pm in the evening to cater to needs of the people battered by the severe cyclonic storm.

Mr.Singh said the state government has also asked the insurance companies to start survey work and ensure that the affected people get compensation without much delay.

As power supply is key to operation of water supply, banking service, telecom service, health service and ATM operations, a state government spokesman said, "We will be able to fully restore power supply in the state capital by May 12".

He said power restoration work is picking up with addition of extra skilled manpower from the states like West Bengal, Telengana and Andhra Pradesh.

While 80 per cent of electricity consumers will get power by May 10, the process will be completed by May 12 in Bhubaneswar, Mr.Singh said, adding that power restoration will be done in a phased manner in Puri town from May 12.

Cyclone Fani has damaged five 400 kv towers, 21 130 kv towers, four 220 kv grids, and four  132 kv grids in Puri.

Similarly, 5,030 kilometers of 33 kv lines, 38613 kms of 11 kv line, 11077 distribution transformers, and 79485 kms of low tension lines have been damaged in the calamity. Over 1.56 lakh new electric poles have been uprooted in the extremely severe Cyclone Fani.
 


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