H.M. Swamy was sentenced to three years imprisonment with fine of Rs 1.5 lakh, Vittal Das to one year imprisonment with fine of Rs. 50,000 and a private person Asadulla Khan to three years’ imprisonment with fine of Rs. 50 lakh.
The very purpose of nationalisation in India — serving the unbanked and under-banked — is yet to be achieved and financial inclusion cannot afford the luxury of complete privatisation
Manager of the bank G Tirupati said that the institution credited monetary aid with the savings account of the six meritorious pupils in connection with the foundation day
