The Haryana Government has made significant changes to the policy related to the empanelment (inclusion in the panel) of banks authorized to handle government transactions in the state.

Haryana Government: Chief Secretary Sh. Anurag Rastogi, who also holds the charge of Additional Chief Secretary, Finance Department, has issued the revised guidelines in this regard.

According to the amended policy, the Finance Department has removed the deposit limit of Rs 50 crore for banks (excluding small finance banks) that are being empanelled with the State Government for the first time. Now, such banks will be treated at par with other banks already empanelled with the State Government.

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For Small Finance Banks, the permissible deposit limit for any one department and one bank has been increased from Rs 25 crore to Rs 50 crore. All other terms and conditions mentioned in the previous circular will remain unchanged.

At present, a total of 28 banks are empanelled with the State Government for conducting official transactions. These include public sector banks, private sector banks, and small finance banks.