UCO Bank withdraws circular of non-payment of salary to staff in case of work pendency

UCO Bank has withdrawn its circular to stop payment of staff if CKYC pendency is not removed. On 25th July 2024, UCO Bank Balasore region released a circular to stop salary of staff if CKYC pendency is not removed. After heavy criticism from banking fraternity, now UCO Bank has released clarification regarding the earlier circular and has withdrawn the earlier circular.