Bengaluru bank blames 62 dud loans for crisis, chairman says money '100% safe'2 min read 14 Jan 2020, 12:36 AM IST
Because of these dud loans, RBI had restricted Sri Guru Raghavendra Sahakara Bank from executing business, chairman Ramakrishna said amid shouting by depositors
To assuage customers, the call to an assistant commissioner of police by Bengaluru South MP Tejaswi Surya was relayed on loudspeaker live
Bengaluru: Assuring depositors that their money was "100 per cent safe" with the bank, Sri Guru Raghavendra Sahakara Bank Chairman K. Ramakrishna, here on Monday, said 62 loans had locked up ₹300 crore of deposit.
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