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35,000 of the total balance in every savings bank or current account or any other deposit account may be allowed to be withdrawn subject to conditions stated in the above RBI directions," the notification said.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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one day snake must come out from rat hole...that day we will wait
Dear DC Dr. Harsha, we want to know if you will take strict action on these anti nationals / rowdis / day robbers / terrorists who ransacked auto + beaten the auto driwer and stolen Rs. 10,000 from him though he was legally transporting the meat. They same terrorists are involved in transporting live animals to beef export houses in Gujrat owned by Brahmins / Jains. Will you be loyal to your duty and promise. We will see how you will handle the issue failing which you will lose our respect and we will consider you as a dramabaz and phenku. You should follow the law and treat everyone equally. There should not be any pity on goondas/ terrorists belonging to sangh parivar. The terrorists who thrashed the auto driver and damaged the auto and burnt the meat by pouring kerosene are not human beings and should be treated as anti nationals + terrorists. We hope you will discharge your duty as per the oath taken by you while accepting your post.
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