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35,000 of the total balance in every savings bank or current account or any other deposit account may be allowed to be withdrawn subject to conditions stated in the above RBI directions," the notification said.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.
Comments
Ms Ramya is not wrong, whatever she experiencefrom her visit she described... however what about our PM he didn't visit ?... why he don't open his lips?
Obtain Education to lead Success
LoL.... Only sedition case is enough ? Rape and murder case no need?
There should be 2 more cases to be filed against Modi and Ravishankar....on modi for visiting Pakistan as unwanted guest...Ravishankar for praising Pakistan and saying a slogan \Pakistan Zindabad\"....do not maintain double standard..."
Now Sedition charges is treated like a banana in the meal plate.....
Can we apply this charge to Feku for saree gift and early morning chai .....
Sedition charges ! let start with modi,advani, ravishankar,mohan bagvath .
Sedition ! let it start with modi,advani,ravishankar , mohan bagvath
Very Low level of thinking.
The Gov't of India is keeping their embassy and maintaining all normal relations with Pakistan like these with any other countries.
Praising anybody is always the sign of your goodness. But condemning blindly is bad.
Find the reasons why is it happening. All because of Kashmir issues not solving politically. Until the issue is fairly solved, this unrest between 3parties will carry on with all future generations.
Unfortunately innocent civilians and soldiers have to pay the price.
Study the problem, think and advise the government to find a fair solutions
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