City
Epaper

Account holders of Malkapur bank warn of hunger strike

By Lokmat English Desk | Updated: December 22, 2021 19:05 IST

Aurangabad, Dec 22:The account holders of the Malkapur Urban Co-operative Bank are facing financial difficulties as they are ...

Open in App

Aurangabad, Dec 22:

The account holders of the Malkapur Urban Co-operative Bank are facing financial difficulties as they are unable to withdraw money for education and treatment. Despite submitting several memorandums, the bank officials pay no heed to their requests. Hence the account holders have now warned to go on a hunger strike in front of the bank till their demands are met.

The Reserve Bank of India (RBI) put a six month restriction on the bank due to its poor financial conditions. This has put 70,000 account holders of the bank in jeopardy. Crores of rupees of the trading community are also stuck in the bank. Recently, a woman account holder who will undergo an operation met the bank officials and the union minister of state for finance Dr Bhagwat Karad with her documents and requested money. But the officials pointed out the restrictions of the RBI and scrapped her request. Such difficulties are also being faced by other account holders. Hence the account holders have come together and warned of a hunger strike in front of the bank in the coming days.

Tags: Malkapur Urban Co-operative BankReserve Bank Of IndiaThe finance ministry of indiaMonetary policy committee of the rbiCentral board of reserve bank of indiaReserve bank of india governorFinance ministry and reserve bank of indiaNew india strategyReserve bank of india's boardDeputy governor of reserve bank of indiaReserve bank of india's monetary policy committee
Open in App

Related Stories

BusinessRBI Governor to Announce Policy Rate Today; Experts Split As Economists Expect Pause, Industry Eyes Cut

BusinessHDFC Bank Share Prices Fall After RBI Imposes Rs 91 Lakh Fine For Violations Including KYC Lapses

BusinessWhat is Universal Banking? RBI Grants This License to a Bank for the First Time in 11 Years

NationalRBI Repo Rate: What is This ‘Repo Rate’ Everyone’s Talking About? And Why Does Your EMI Go Up Because of It?

LifestyleBank Holidays in August 2025: Banks to Remain Closed For 8 Days This Month; Check Dates

Aurangabad Realted Stories

AurangabadGoons run amok in Bajajnagar; Sword attack in broad daylight triggers panic

AurangabadAddition to "We will develop CSN as vibrant city"

AurangabadWe will develop CSN as vibrant city: CM Fadnavis

Aurangabad‘Sachkhand’ Express delayed by nearly four hours

AurangabadAIMIM–Congress clash: Cases filed on both sides; 11 arrested