Problematic Cooperative Management Committee Returns Savings to Shiv Shikhar Cooperative Victims
Summary
The Problematic Cooperative Management Committee has refunded savings to 248 small depositors of Shiv Shikhar Cooperative, with a total of 1117 depositors having received their money back so far.
Key Points
- The Problematic Cooperative Management Committee returned savings to 248 small depositors of Shiv Shikhar Cooperative.
- A total of 1117 depositors have received their money back so far.
- Refunds are being given in phases, starting with small depositors and classified by savings amount.
- The government clarified that returned funds come from recovered loans and asset management from problematic cooperatives according to legal provisions.
