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35,000 of the total balance in every savings bank or current account or any other deposit account may be allowed to be withdrawn subject to conditions stated in the above RBI directions," the notification said.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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BJP is sure that the awarded people will not return the award on Intolerence issue.
Wow ...may be i will get it too before BJP rule ends
All are Nearer and Dearer one of so called Modi ji.All Modi chamathkar.
Next award for Anumpam Kher is Governor post Just wait and Watch..I wonder Why Subramania Swami name is missing...
Life time achievement award should be given to Modi's Wife for sacrificing her entire life.
ANUPAMKER ANNOUNCED THE AWARD OHHH NOOO
THEY CAN ANNOUNCE MY NAME ALSO... BEC NO REASON TO GIVE HIM AWARD,
FEKUUU EFFECT MODHIJII..... AB KI BAARRR FEKU AWARDSSS...
Ambani for becoming billionair.....Anupam kher for becoming chamcha of BJP....
Sania is well deserved.....she is bringing laurel to our country...still doing it as we speak...in australian open.....
They qualified only through praising Modi and became blind bhakts.
Salman Khan is missing in this list..! Anupam Kher may get Bharat Ratna also in future for his Bhaktgiri and post of acting PM.
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