Srimandir Funds In Yes Bank Row: Pending Rs 156 Crore FD Withdrawn After Maturity

Bhubaneswar: After the maturity of the pending fixed deposit, Yes Bank on Monday remitted Rs 156 crore to the designated account of Jagannath Temple Corpus Fund at SBI Puri Main Branch. Earlier, the private sector bank had remitted Rs 397 crore to the Srimandir’s corpus fund. “During the bankers’ meeting today, Bank of Baroda has […]

Yes-bank-returns-lord-jagan

Bhubaneswar: After the maturity of the pending fixed deposit, Yes Bank on Monday remitted Rs 156 crore to the designated account of Jagannath Temple Corpus Fund at SBI Puri Main Branch. Earlier, the private sector bank had remitted Rs 397 crore to the Srimandir's corpus fund.

"During the bankers' meeting today, Bank of Baroda has offered the highest 6.05 per cent interest rate. Presently, we are taking into the consideration opinion of the members of the finance sub-committee. The chief administrator will take a final decision regarding the bank where the money will be deposited," informed Ajay Kumar Jena, Administrator (Development) of Shree Jagannath Temple Administration.