Bengaluru, Jan 14: Days after the Reserve Bank of India (RBI) capped to Rs 35,000 the withdrawal limit of Sri Guru Raghavendra Co-operative Bank, BJP MP Tejasvi Surya on Monday reassured account holders and said Finance Minister Nirmala Sitharaman was personally monitoring the issue.
Taking to Twitter, Surya said, "I want to assure all depositors of Sri Guru Raghavendra Co-operative Bank to not panic. Hon'ble Finance Minister Nirmala Sitharaman is appraised of matter and is personally monitoring the issue. She has assured the government will protect interests of depositors. Grateful for her concern."
The Bengaluru South MP also attached a letter in his tweet where he had appraised Sitharaman of the situation.
"Finance Minister, after speaking with the RBI governor and other authorities concerned, assured Surya that the government will do everything in its capacity to protect the interests of the depositors and the long term interests of the bank," the letter read.
It said that Surya also reached out to Sitharaman "three times on January 13" after which she reassured him that the "depositors need not panic".
RBI had, on January 10, imposed certain restrictions on Sri Gururaghavendra Sahakara Bank Niyamitha.
"In particular, a sum not exceeding Rs 35,000 of the total balance in every savings bank or current account or any other deposit account may be allowed to be withdrawn subject to conditions stated in the above RBI directions," the notification said.
The regulatory body said that the bank will continue to undertake banking business with restrictions until its financial position improves.
"These directions shall remain in force for a period of six months from the close of business of January 10 and are subject to review," it said.
The bank has been restricted from granting or renewing any loans and advances, make any investment, incur any liability including borrowal of funds and acceptance of fresh deposits, disburse or agree to disburse any payment whether in discharge of its liabilities and obligations or otherwise, enter into any compromise or arrangement and sell, transfer or otherwise dispose of any of its properties or assets except.
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Madam, please remove the zero which you added by mistake.
one bachali is telling central investigation agency also working anthe ... papa enu madakke agalla .. madrasa training effect .. tale odedare naalku akshara iralla ivakke 4 illi , mele 72 reserve bere ... hahaha ... sadya mossad hesaru helalilla ... hoganna kabbadii adu hogu ... fish sales mugididre ... hahaha
Nobody can stop us from grabbing the power , we will show the mighty power when election is nearing it ... shobakka no need to reveal . it is done we will get 150 at any cost ... permanently we should send the khangrace to their home .. becoz jihadists are using it as cover .
Pokkade?
At least Start Master Bhagawat Programme to produce more than 10kids, get marry more than one, Shobakka why are you not Co operating with your Great leaders request, now you looks like 50's above can not produce more at least try your level best to do something for Master Bhagath's request do not Bark Fate of Kannadigas now!!!!!! we will see when battle starts, Till then you co ordinate your Criminal RSS Sabb.
Jai Hind.
Jai Hoo Modianna
Jai Hoo Siddanna.
keep dreaming everyday!!! utter loss this year.
shobakka, the central intelligence agency is working for bjp rss and vhp.
people will decide who will come to power....
I think shoba had a bad dream last night... Come on Shoba Wake up wake up.. Stop dreaming and get back to some work.
What a Joke, Shobakka should join Comedy Circus.Thank god she did not mention Yeddy as C.M and akka as Deputy C.M.
Shobha learnt Jothishya Shastra?
Dil ke behlane ko Ghalib, ye khayal accha hain.
HA ha ha ha ha ha ha
\DREAM GIRL\""
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