Bengaluru: After failing to keep their words that they will submit their audit report on July 14, the authority of Sri Teacher Raghavendra Bank Niyamitha (SGRSBN) now insisted that depositors should not come to the bank because of ‘distracting’.
On Friday, the SGRSBN R ASHOKAN administrator asks depositors and customers to avoid disturbing pressure / put pressure on the auditor and bank staff attending work.
In January last year, the Reserve Bank of India imposed a 35,000 RS withdrawal limit by citing a bank’s bad loan.
The ceiling is raised to Rs 1 Lakh later.
“From February, we were told that the report would be ready.
They cannot answer our questions and try to suppress information,” said the KV, from Malleswaram.
Audit for 2019-20 began on March 9 but the Bank said the limitation of locking affected work measures.
In the intimacy on July 7, the administrator said the audit company had told them that the final report would be ready on July 14.
However, some depositors suspected of banks now claim they have time until September.
Harish V, one of the depositors, said the bank authority knows the audit work will not be finished early.
“During all today, they have no problems with our visit to the bank but now they are talking about customers who influence their operations,” he urged.
‘Will submit a report on Time’in The Friday Circular, the Bank said the deadline for submitting the audit report was September 25, but it will be completed in the specified time.
“We receive phone calls, messages and visits by customers who seek audit status and reasons of delay, thus affecting audit work,” Ashokan claims.
A bank official said they were dealing with problems that turned out to be more than their estimates.
There are many complex fraud and monetary transactions, the source is added.
Ashokan said they would submit a report to the RBI and the Cooperative Community Registrants, but the completion of the Audit of the law would not guarantee the payment of deposits to depositors.
Bimbota SGRSBN is more than 500 days and 35,000 depositors struggle to get their money back and 43 deposits have died of various reasons.
Cid, who has taken this case, has not submitted a chargesheet.
A team of depositors recently met Sri Raghavendra Swamy Mutt Pyniff Subudhendra Tirtha and stated their situation.
B’luru: Bank claims customers block audit work
