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Home Co-op News Snippets

Karnataka’s GFMMSCL in news

Staff Reporter by Staff Reporter
June 20, 2019
in Co-op News Snippets
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Balagram Service Co-op Bank in news
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Deccan Herald reports that hundreds of depositors took to the streets in the town of Chitradurga in Karnataka recently seeking justice against Great Fort Minorities Multipurpose Souharda Cooperative Limited (GFMMSCL) management for cheating them.

The GFMMSCL management has been collecting Pigmy deposits and fixed deposit from street vendors. Most depositors of Muslims. The GFMMSCL’s office was shut down four months ago.

Depositors had lodged complaints against the management a month ago. The police did not register cases considering promises that deposits would be returned. The depositors approached MLA G H Thippeswamy seeking justice.

Tags: cooperativeDepositGFMMSCLkarnatakaMLA
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