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35,000 of the total balance in every savings bank or current account or any other deposit account may be allowed to be withdrawn subject to conditions stated in the above RBI directions," the notification said.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
May be because of infected Gomoothra
JINU...
How did U come into being... QURAN speaks on our CREATOR who created all that exits... and It asks us to use our intellectual which ALLAH has given us. I request you to PONDER on what it says...
Please read the QURAN once & research what it says... Dont just sit idle and make your own asumption. living a life of unaware... about the CREATOR will be worse than animals..
May God help them all! They are all innocents.
Devaru kotta prasada beda annbardu...! May be some sanghi poojaris' wanted to cut down cost for his selfishness. Probe needed.
May the victims recover soon!
I agree, believing blindly doesnt make sense... But God has given intellectual to human being and he created us to worship him alone... Y dont we use our intellectual to know who is worthy of Worship rather than worshiping idols and animals...
Even in vedas, it say that those who worship such things are in DARKNESS...So to come out of such DARKNESS ... the idols or man made god worshipers should try to know who is GOD and Y we need IDOLs to reach GOD...
God says he is near to any caller, there is no need keep any life less object and ask with it... in other sense U can call him by saying \O the one who put soul in me, who gave life to me ...Guide me.No doubt his help will come to those who trust him... Try it."
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