💨 Abstract

The Odisha government has initiated the process of refunding deposits to account holders of the Bhubaneswar Urban Co-operative Bank, which closed in 2015 due to mismanagement. On the first day, 117 depositors received over Rs 2.80 crore. The government plans to return more than Rs 6 crore to 17,859 depositors of four banks, and over Rs 20.96

Courtesy: theprint.in

Summarized by Einstein Beta 🤖