[Resolved]  Shushruti Souharda Sahakara Bank (N) — Even after issuing standing order the bank has not followed it

Dear Sir,

My name is Somashekar. I am a resident of Bangalore. I have a Savings Bank A/c in a Co-Operative Bank,(Shushruti Souharda Sahakara Bank (N) having its head office at Peenya. I am a long and outstanding customer since the inception of the bank,
1. I own half of the Bank Building and half of the rent is to be paid to me, and the bank was transferring money to my Savings Bank A/c at the same bank.
2. The other half is owned by my business partner, Mrs. Moksha Tara.
3. Even after my standing instruction given to the bank regarding to transfer my share of the rent to HDFC Bank, the bank refused it and is been depositing my share of the money to my Business Partner's A/c.

Now, Sir can you help me in resolving this issue.

Somashekar
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Aug 14, 2020
Complaint marked as Resolved 
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My Name is Sharada,
I am a widow staying in bangalore. I have a complaint regarding Shushruti Co-operative Bank.
1. I have a loan of Rs.2 Lakh in this Bank.
2, Now its been just 1 year that I have defaulted.
3. The bank has put me in difficulty, by saying my loan has become Rs. 20 Lakh.
4. When I ask a pass sheet from them, the bank is not issuing me any black and white document.
5. I even approached Lokayukta, but it was a failure.
6. Now, I hear rumours about this bank, the chairman Mr. N. Srinivasa Murthy and CEO Mrs. Shyamala are misusing the banks fund by manupilating crores of rupees from the back end of the software.

And now this year the bank has already collapsed. with lot of loan customers defaulting. The bank is said to be closing and the people are already withdrawing their deposits and closing their bank accounts.

And this year the RBI has decided to close SHUSHRUTI CO-OPERATIVE BANK, and cancel its license to operate.

Can you Please tell any of the media about this
Shashi Rekha's reply, Dec 18, 2021
You are right madam even I got the press release notification of RBI imposing penalty on them
it is entriely flase and misleading. There are no such practices being resorted by either the Chairman or the CEO shamala. such misuse of banks fund can't taken place by any such backend of software. the bank is being Audited, supervised by RBI and Board meeting is being conducted to approve the books of Accounts. as per law and rules. No bank can mainpulate crores of rupees since the shareholders are getting their dividends yearly and the health of the bank is very much sound as it is improving year by year. There is no such move close the bank nor any depositors are withdrawing their deposits money. This complaint is only an attempt to ruin the image of the BAnk for achieving theri personal agenda.
In that case why has RBI has imposed penalty of 20 lakhs for the mis appropriate of funds in nov 2020

May be your co ordination was ages ago
Now that they don't respond or respect depositors forget about the employees of the bank even the management is worst er than them they behave absolute irresponsible
My mother with an age of 76 is undergoing tremendous pressure so writing on her behalf

Pls help if possible not by writing such appreciating or misleading comments

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