Udayavni Special

B’luru: Depositors of Guru Raghavendra Cooperative bank protest seeking quick resolution from RBI


Team Udayavani, Jan 11, 2021, 4:08 PM IST

Bengaluru: Several depositors of Bengaluru-based Sri Guru Raghavendra Cooperative Bank staged a protest on Monday urging Reserve Bank of India to resolve their issues

As reported by NDTV, The bank hogged the headlines in January when the Reserve Bank of India (RBI) began its investigation into the financial irregularities amounting to over ₹1,400 crore

After which, the bank was not allowed to carry out any further transactions, and the amount of withdrawal was limited to ₹35,000 for each depositor. The depositors had thronged the bank to withdraw the permitted amount. Later, the withdrawal amount was raised to ₹1 lakh in June

The protestors alleged that they had trusted this bank because of the good feedback from Reserve Bank of India but now RBI’s negligence has affected several depositors

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Elected representatives above 50 yrs likely to be vaccinated against COVID-19 in next round

Construction in ‘our own territory’ normal, says China on report of building village in Arunachal

Udupi youth builds dune buggy car out of scrap materials

Polytechnic Colleges in K’taka to be Upgraded & Modernised!

Fire in Serum Institute; Covishield facility not affected

Health minister assures people on safety, efficacy of COVID vaccines

Man arrested for smuggling gold concealed in rectum at MIA


Related Articles More

Mangaluru: Customs officials seize Rs 44.2 lakhs worth of gold from Dubai returnee

B’luru Airport recorded its first low-visibility landing under CAT IIIB

Biker who tried to set ablaze bus driver in road rage, arrested

Udupi youth builds dune buggy car out of scrap materials

Polytechnic Colleges in K’taka to be Upgraded & Modernised!

MUST WATCH

explosion sound around shivamogga

Mangaluru harassment in bus case: Young woman narrates her ordeal

Harassment on city bus: Victim slaps ‘arrested’ molestor in front of police

Bricks Made From Used Plastic Water Bottles | Complete Information

Vijay Prakash | Self Charging Electric Bike Made by Autorickshaw driver

Latest Additions

Mangaluru: Customs officials seize Rs 44.2 lakhs worth of gold from Dubai returnee

B’luru Airport recorded its first low-visibility landing under CAT IIIB

5 dead in fire at Covid-19 vaccine maker Serum Institute’s Manjari plant

India to face higher security challenges in line with rising stature, influence, says Army Chief Naravane

Commerce ministry recommends anti-dumping duty on Chinese chemical used in dye, Pharma industries

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.