Timing
As per amended Bye Laws 2015, an Ordinary member has to hold at least 100 shares of the Bank. As on 31/03/2018 there were 19757 members holding less than 100 shares. With 45th AGM’s approval, extended time was allowed to these members having less than 100 shares to make additional subscription. But despite giving such extended period of more than 6 years, response from these members is too low. Therefore, to refund the value of shares held by these members, list of all these shareholders is published on Bankss website.
All these shareholders are requested to visit the nearest branch or write an email to [email protected] or call: 022– 527 6118/4, 022– 526 1019, 022– 527 5391 to know and follow the refund procedure and cooperate.