Thane : Around 100 account holders of CKP Co-operative Bank protested against the bank at Wagle Estate here on Thursday following the RBI directives to allow bank customers to withdraw only Rs 1000 in six months. It was the second day of the bank customers’ protest.

On Wednesday Vijay Kurekar, Bapu Vaidya, Nitin Mukadam and Prabhakar Vaidya, all members of the Bachav Samiti which links customers to the bank, had led the protest against the bank. The co-operative bank authorities had announced to hold a meeting with customers on the contentious issue and find out the solution on Thursday. Following the same, customers turned up in large numbers on Thursday. S J Deshmukh, former director of the bank, said, “We had organised the meeting on Thursday. A corrective decision in this regard has been taken.”

The bank has been facing financial losses allegedly due to wrong decisions of its officials. It has forced the RBI to take strict action against the CKP bank. A committee has been appointed to investigate into the alleged bungling. On another side, elections for the bank management were allegedly not held.

Priyanka Dhomse

(To receive our E-paper on whatsapp daily, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

Free Press Journal

www.freepressjournal.in