India

Shirdi Temple Trust Seeks RBI Intervention; Know Why?

New Delhi: The Shri Saibaba Sansthan Trust (SSST) of the famous Shirdi Temple is facing a peculiar problem. State-owned banks where the temple trust holds accounts have refused to take coins from the trust as it has run out of space to keep them, according to a Times of India report.

The Shri Saibaba Trust reportedly hold accounts in 13 different state-owned branches. While most of them are in Shirdi only, one branch is in Nashik. Out of these 13 banks, four state-owned banks have now refused to take any more coins, which are received as donations, due to the problem of space. The Shirdi Saibaba Trust reportedly receives lakhs of rupees in donations in the form of coins.

Currently, the Trust has some Rs 11 crores deposited in various banks in the form of coins, the report added.

Meanwhile, the Trust has written to the Reserve Bank of India seeking intervention as a huge chunk of the donation in the Temple is in coins. “Officials of these four banks said they have no space to keep the coins they get every day. This is a big problem for the trust,”  Rahul Jadhav, the CEO of the trust told TOI.

“Simultaneously, we have decided to approach banks in other parts of Ahmednagar district, as well as the state, to help us. We will open accounts of the trust in such banks so that coins can be deposited there,” he was quoted as saying.

The monthly collection in the form of coins – from 50 paise to Rs 10 denomination – is close to Rs 28 lakh at the Shirdi Saibaba Temple.

OB Bureau
Share
Published by
OB Bureau

Recent Posts

Odisha’s WATCO Wins Prestigious ‘Technology Sabha Award 2025’

Bhubaneswar: Water Corporation of Odisha (WATCO) has been honoured with the prestigious ‘Technology Sabha Award… Read More

9 minutes ago

Campaign Against Obesity: Mohanlal, Madhavan, Shreya Among 10 Nominated By PM Modi; Know The others

New Delhi: Actors Mohanlal, R Madhavan, and singer Shreya Ghoshal are among 10 eminent personalities… Read More

13 minutes ago

From Modi’s Makhana Garland To Mins Trying Farming: Here’s How The Superfood Turns Poll Pitch In Bihar

Bhagalpur: Continuing his Makhana politics in Bihar, Prime Minister Narendra Modi on Monday said he… Read More

26 minutes ago

34.98 Lakh Farmers From Odisha Benefit From PM-KISAN As Modi Releases 19th Instalment

Bhubaneswar: As Prime Minister Narendra Modi released the 19th instalment of the Pradhan Mantri Kisan… Read More

32 minutes ago

Mamata Banerjee Enhances Salaries Of Doctors In Bengal

Kolkata: Chief Minister Mamata Banerjee on Monday increased the salaries of senior resident doctors serving… Read More

54 minutes ago

Police To Install AI Cameras At Bhubaneswar Entry & Exit Points

Bhubaneswar: Advanced AI-powered CCTV cameras with facial recognition capabilities will be installed by the police… Read More

1 hour ago