Bengaluru, Jan 14: Assuring depositors that their money was "100 per cent safe" with the bank, Sri Guru Raghavendra Sahakara Bank Chairman K Ramakrishna in Bengaluru on Monday said 62 loans had locked up Rs 300 crore of deposit.
"Your money is 100 per cent safe with Sri Guru Raghavendra Sahakara Bank. It's my responsibility," Ramakrishna said at Sri Guru Narasimha Kalyanamandira auditorium, to assure depositors.
He was addressing angry customers of the bank at a public hearing. Due to the 62 dud loans, the Reserve Bank of India (RBI) had restricted the lender from executing business, Ramakrishna said amid shouting by depositors. The RBI has limited withdrawals by depositors to Rs 35,000.
"The bank is saying I can't withdraw more than Rs 35,000. In case of our fixed deposit maturing, we will have to renew it as we can't encash it, " said Nagaraj M, 49, who has been dealing with the bank for the past six years.
To assuage customers, the call to an assistant commissioner of police by Bengaluru South MP Tejaswi Surya -- not present -- was relayed on loudspeaker live and the MP claimed that he had spoken to Finance Minister Nirmala Sitharaman to help the customers.
Ramakrishna said he would meet customers again on January 19 with all the details and numbers. Dramatic scenes and pandemonium ruled the auditorium before his arrival. Thousands of bank customers threatened to go en masse to the police station and file a case against Ramakrishna.
As he addressed the gathering in Kannada, hundreds of depositors shouted back at him seeking clarifications. At the auditorium, thousands of depositors earlier demanded the bank chairman's presence to clarify the matter.
The lender had invited depositors to the auditorium at 6 p.m. to update them on the bank's status, following a RBI directive restricting the bank from doing business with immediate effect.
"We want the bank's directors here," shouted a depositor from the stage. A handful of policemen were trying to control the crowd and bring order to the assembly. Many elderly and retired persons had arrived to know the fate of their savings. Several women were also present at the meeting.
"It was a good bank with only 0.5 per cent NPAs. Now we can't trust any bank. See what happened with the PMC Bank," said another customer.
Shankar Sharma, 38, an employee of a private company, said majority of depositors were senior citizens and retirees. "I don't have an account with the bank, but my mother, uncle, aunt have deposited money in it. I came for them, " said Sharma. He said many of the bank's 35,000 clientele deposited more than Rs 5 lakh, which had total deposits of Rs 1,600 crore. The bank started operations in 1999.
Ramakrishna was escorted away to safety by the police after his speech even as the depositors were screaming and agitating for justice.
Comments
It is not a big deal....in Darga you wont find any God.....LOL...
Temple or dargah both are same which leads to shirk..... both believers of temple and dargah has lack of religious knowledge, instead of reading their religious books this people are believing this fraud baba, tantrik, swami, tangal, koya etc.... may Allah give hidaya to all the human beings in this earth to know the truth
I am sure that Trupti Desai is doing such unwanted acts only to get popularity. Is she really concerned about women, she should fight agaisnt dowry, killings of woman in the name of dowry, rape, misbehave by immoral police etc etc. In the same time, Desai should know that Dargah is not a holy place for Muslims and there is no need of any Muslim to pray in the Dargah. Muslim women are given freedom to pray in their home. Instead of praying at home why are they so eager to visit Dargah or Masjid. Does they want to show their beauty? why are they interested in unnecessary activities which is being supported by Desai whereas she is not interested in actual and important things. Does Desai has no other job?
Think Brothers Think ... and PONDER, is DARGAH culture allowed in ISLAM? Y are we encouraging this system of worship... which is close to the cultures of pagan worshipers...
WORSHIP ALLAH the way Prophet Muhammad pbuh taught us and follow the Sahabas RA .. When U follow the last and final prophet of ALLAH, U will not be trapped with such humiliation. When we follow our own desire... then expect such treatment ...
Prayer of the Mushriks.. There is no Darga concept in islam.
Dear Desai,
Just for your information it is one and the same, if you pray in darga or in temple it will go nowhere. worship the creator not his creation.
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