In the wake of the dissolution of the board of Kangra Central Cooperative Bank, the government-appointed administrator has taken charge of the bank’s operations. Officials have clarified that this action has been carried out under legally established procedures and in accordance with government regulations.
Amid widespread reports in newspapers and on social media, the bank has issued a statement to assure the public and its customers that all capital and infrastructure of the bank remain completely secure.
The bank emphasized that its operations are continuing strictly under established rules and regulations, and there is no disruption to the services offered to customers.
The management has urged customers and the general public not to pay attention to rumors or misleading information circulating online. The bank reaffirmed its commitment to serving its members and maintaining trust and transparency in its operations.
The statement was given by Sandeep Kumar, Managing Director (Indian Administrative Service), highlighting that the bank remains fully functional and dedicated to customer service.
Customers seeking information or assistance are encouraged to contact their local branch directly to avoid confusion caused by unverified reports.