Taking strong exception to certain finance companies duping investors, the Chief Minister at a presentation of the state institutional finance department here late last night directed that a plan be prepared to act stringently against defaulter companies.
Asking officials to identify such companies which run away with investors' money, he said stringent laws should be used against them.
Rooting for extending banking services to maximum number of people, he said a drive should be launched for opening new accounts.
Expressing dissatisfaction over slow pace of "stand up scheme", the Chief Minister instructed officials to ensure meeting target of loans to SC/ST and woman entrepreneurs per bank branch which would also pave way for economic development of the state and creation of employment opportunities.
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