Mumbai : Don’t bother yourself searching for the meaning of word ‘payhem’ ! It is the term we have devised in the times of salary mayhem. Going forward, Maharashtra State Finance Department has appealed to all the state employees and pensioners, not to rush for cash and withdraw only as much as required. The appeal came at a time when the reports of banks running dry of cash in the wake of rush for salary.
The department has urged both the employees and pensioners not to make a beeline to the banks. If possible, stagger the visit to banks, urged the department. The department said it has issued the circular so that banks are not stressed.
The government has also urged district collectors to hold a meeting of all banks in the district to figure out what needs to be done to ensure smooth functioning.