Puri: The Shree Jagannath Temple Administration (SJTA) has intimated Yes Bank that it will transfer Rs 545 crore shrine funds deposited in the crisis-hit bank on Thursday.
The withdrawal will come a day after the schedule lifting of the RBI moratorium on Yes Bank at 6 pm on Wednesday.
SJTA administrator (Development) Ajay Kumar Jena told the media that the money will be transferred online from Yes Bank to UCO Bank’s main branch in Puri in two transactions.
“While Rs 389 crore deposited in the bank on March 19, 2019 is maturing tomorrow (Thursday), rest Rs 156 crore will mature on March 30. The SJTA has decided to withdraw the entire Rs 545 crore from the bank tomorrow,” Jena said.
“An intimation for withdrawal of Rs 389 crore was given to Yes Bank yesterday (Tuesday) and another intimation will be submitted today (Wednesday) for the rest amount,” he added.
Earlier, the SJTA had written to the RBI for transfer of Rs 545 crore deposited as TDRs in Yes Bank to UCO Bank.
Mumbai: Television actress Hina Khan, who is battling breast cancer, recently met host Salman Khan…
Mumbai: Following reports of his alleged link-up with bassist Mohini Dey, renowned music composer AR…
Mumbai: The love story of actors Tamannaah Bhatia and Vijay Varma has not been clandestine.…
Puri: Shree Jagannath Temple Administration (SJTA) has received the report of the Ratna Bhandar’s GPR-GPS…
With his debut novel ‘The Other Side of the Rainbow’ published recently, Niranjan Nayak, an…
Bhubaneswar: Odisha outplayed Chhattisgarh 4-1 on Saturday to seal a berth in the final round…
Mumbai: The Telangana government’s notice barring him from singing songs promoting alcohol and drugs at…
Bhubaneswar: Prime Minister Narendra Modi will participate in the ‘Odisha Parba 2024’ programme on Sunday…