Prasad Joshi
I Prasad Joshi based at Pune. I have deposited 8 lakh as FD in BHR co operative multistate society for 15 days. But due to some news in media all depositors have withdrawal money from BHR. Some of depositors got money, but due to insufficient fund rest of all have not received money.
From last three months they have closed some branches few branches are opened but there is no transactions. We have made union of depositors. We want to take legal action against bank. Kindly guide us what we have to do for receive our money.
I C Naik
Each Depositor should expect a return of maximum of Rupees one lac as that amount is payable out of Deposit Insurance scheme where ceiling is one lac.
