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Banks in rural areas of Guntur feel the heat
Banks in the rural areas, which have run out of cash, have been bearing the brunt of public outrage. Srinivas Rao, the manager, later complained that his repeated pleas for infusion of cash fell on deaf ears. Meanwhile, the remarks of Chief Minister N Chandrababu Naidu holding the banks responsible for the cash crunch sparked off angry reaction from the bankers. The CGDB has its customer base spread over 187 branches in the rural areas of the State.
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