......The decision of the administrators to start talks about the merger of the bank with Saraswat cooperative banks had irked the shareholders, who strongly objected to the move as they feared it would lead to them losing their money. On Friday, the administrators, while speaking to the media, had stated that one of the financial instruments being discussed is that depositors with more than Rs 1 lakh investments, would have to keep a portion of their savings locked for a period of three years........
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