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Govt begins refunding money to depositors of urban coop bank
The New Indian Express Bhubaneswar
|April 29, 2025
CHIEF Minister Mohan Charan Majhi on Monday started the refund process for depositors of the Urban Cooperative Bank, Bhubaneswar by handing over cheques to nine of the 117 depositors selected in the first phase.
The refund process began on the occasion of Utkal Gourab Madhusudan Das' birth anniversary. Madhu Babu is considered to be the pioneer of the cooperative movement in the state. A total of 9,537 depositors, whose money had been locked in the bank after its closure in 2015, will receive ₹20.96 crore. On the first day, 117 depositors received ₹2.80 crore.
Diese Geschichte stammt aus der April 29, 2025-Ausgabe von The New Indian Express Bhubaneswar.
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