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35,000 of the total balance in every savings bank or current account or any other deposit account may be allowed to be withdrawn subject to conditions stated in the above RBI directions," the notification said.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
Rahim uchil will angry coz Zakir hussain eating meat and fish. How the seer of matt allowes him to enter the temple.
@ Mr. Truth, Persons link your spoiling real meaning of Hinduism. You are so filthy by your mind
Why mutt entertaining these kind of programs. There are hindu people who can conduct concerts
I am a great fan of you sir. Eagerly waiting for the moment. Hope nobody make unwanted issues there
True. Abu said right thing. Police and organisers should ensure his safety before bringing him
Art has no religion. It needed pure heart to enjoy. Waiting for the concert
Is there anybody to protest against this. I'll join with you. I will provide you some equipments to distract. Inform me ASP
Ahamd Khan, a Muslim folk singer was Murdered by temple Pirest RAMESH SUTHAR in Dantal Village of Rajasthan. The priest Ramesh accused Ahmed Khan of not singing well in the temple, and (Ramesh) failed to possess his god and harness supernatural power.
Hope Ustad Zakir Hussain will not meat the fate of Ahmed Khan, if Pejawar Seer or his devotees fail to impress their diety in Udupi for the fault of Zakir's finger on Tabala.
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