Ex-CEO of crisis-hit Guru Raghavendra Sahakara Bank in Karnataka booked

The case has been registered based on a complaint by the present CEO. The bank is in the middle of a crisis following huge non-performing assets and Reserve Bank of India imposed restrictions from collecting deposits, lending loans and making investments. The apex bank had also last month capped the withdrawal limit to Rs 35,000.

from Banking/Finance-Industry-Economic Times https://ift.tt/3bugL0q