DSK investors protest outside Bank of Maharashtra headoffice

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Pune: 29.10.2018 : Today at 11.15 am, a group of people who had invested their savings with DSK group of companies assembled before the Bank’s HQ Lokmangal and tried to put the blame on the Bank for the losses they suffered from DSK group of companies. A few representatives of these depositors also met Bank officials to share their grievance.

The Bank officials gave a patient hearing to the representatives and while sympathizing with their problem, explained to them that Bank’s lending to DSKDL has no relation with the default of the group companies to their small depositors. In fact bank has also suffered losses as a creditor to the company and has initiated recovery action.

The arguments raised by the depositors for blaming the Bank for their losses are already considered by the investigating agency and the matter is dealt with by the MPID court. The depositors thereafter left the premises