Central Bank promises to pay Rs27 lakh it owes to AIT

Tribune News Service

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Amritsar, November 21

A week after a warning notice was issued by the Amritsar Improvement Trust (AIT), officials of the Central Bank of India (CBI) gave an undertaking to the Trust and promised to pay dues to the tune of Rs27.31 lakh within a fortnight.

AIT Chairman Dinesh Bassi had issued the final notice to the CBI’s branch office at Dharm Singh market to pay pending rent on Thursday last week. Today, regional manager of the bank Rajnish Sharma and other senior officials visited the AIT office and met Dinesh Bassi.

The branch office of the bank at Dharam Singh Market is functioning from a rented property of the AIT. The bank has not paid its rent since 2011. The branch was declared defaulter a few years back for not paying dues.