Since the elections are approaching, the election commissioner has instructed the banks to be careful and keep a strict watch on suspicious money withdrawals and deposits. The banks are supposed to report the respective election officer of the state regarding the suspicious transactions. Candidates and parties are asked to open separate accounts for transactions of receipt and payment for election purposes.
Further the banks are instructed to report if they encounter any unusual transfer of money through RTGS (Real Time Gross Settlement) system during the election process without any precedent of such transfer. A senior banking official reported that candidates and parties are opening separate accounts for the election expenses, the banks will be more focused towards some non-operating and suspicious accounts which suddenly become very active during elections.
Overall there are 4,038 branches in the state out which 54% branches are in rural areas , 275 are in semi urban areas and 195 in urban areas.