Story of Cooperative Bank scams | Master Stroke

In the Budget Edition of Master Stroke, the story of how Cooperative banks were victimised by scams has been explained. Months after PMC Bank scam, another similar scam has been reported in Sri Guru Raghavendra Sahakara Bank.

Sri Guru Raghavendra Sahakara Bank Chairman K. Ramakrishna has blamed the Reserve Bank of India (RBI) for the imbroglio and said he could return the depositors' money the next day after the Central bank withdraws the business restrictive order.