Odisha removes HDFC Bank, ICICI Bank, and Axis Bank as authorised banks for govt businesses

The Odisha government has removed HDFC Bank, ICICI Bank, and Axis Bank from its list of empanelled banks due to their consistently poor performance in key government schemes and discouraging banking parameters. The state has directed its departments and organizations to close accounts with these banks and transfer balances to other empanelled institutions.

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