Friday, February 10, 2012

Dhanlaxmi Bank Union allege fraud, demand merger with PSU banks

…….Rumours have been doing the round that the bank is financially stressed and may report losses of around Rs 30 crore. But the Union fears that the bank may not apart from the bank not reporting any profit this quarter, some if its customers have actually withdrawn their deposits from the bank. The Union also alleges that “who resigned as MD has withdrawn his family deposit of around Rs 5 crore from the Bank.”…….
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