Tag: Srimandir Funds In Yes Bank

Puri: The controversy surrounding Srimandir funds being parked with Yes Bank which was gradually subsiding after the Odisha government announced to transfer the deposits to a nationalised bank suddenly erupted out of proportion following a recent press release by the Reserve Bank Of India placing the cash strapped bank under Central Government’s Moratorium. As per […]

Bhubaneswar: The Opposition parties in Odisha on Sunday came down heavily on the State government over depositing Rs 545 crore funds belonging to Lord Jagannath in the crisis-hit Yes Bank. Addressing a presser here, State BJP general secretary Prithviraj Harichandan alleged that the parking of the funds in the cash-starved Yes Bank which has been […]

By Sandeep Sahu It may sound blasphemous. But the unpalatable truth, shorn of any sugar-coating, is that Lord Jagannath, the presiding deity of Odisha, has become nothing more than a money-spinning venture for our powers that be. The Lord is the biggest brand the state has to offer and our rulers certainly know how to […]

Bhubaneswar: The State government today seemed to have washed its hands off over the issue of parking Puri Srimandir funds in crisis-hit Yes Bank by saying that it was the temple administration which had deposited the amount as it the sole authority for management of affairs of the shrine. Replying to a query over the […]

Bhubaneswar: At a time when opposition parties have turned the heat on the Odisha government for parking Sri Jagannath Temple funds in Yes Bank, the Reserve Bank of India (RBI) on Thursday categorically stated that all depositors’ money is entirely safe in private banks. The clarification comes in the wake of media reports that some […]

Puri: In what could be termed as a much needed respite for the Jagannath devotees across the world, all the fixed deposits of Rs 545 crore of Lord Jagannath deposited in Yes Bank will be retrieved tomorrow from the cash strapped bank after it resumes full banking services from 6 pm today onwards, informed Ajay […]

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 […]