From the past several months the depositors of Shri Krantiveer Sangolli Rayanna Co-Operative Credit Society were not able to get back their deposits even after maturity.
Today many depositors of the bank marched to DC office from the Office situated on Swami Vivekakanad Road.
It may be recalled that at a press conference held recently the broken down Anand Appugol said, The Society had suffered losses due to demonetisation. At the same time denied wrong use of the depositors money or any irregularities and vowed to return money, with interest.
Depositors wanted the Deputy commissioner to intervene and get back the depositor’s money.
Many of the depositors had deposited money in the bank in their children’s name hoping the money will help them in their future.
About 300 odd crores of money is stated to be deposited by the depositors in Krantiveer Sangolli Rayanna Co-Operative Credit Society.