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'GTB branches functioning normally'
July 26, 2004 16:38 IST
All the 104 branches of Global Trust Bank, on which government has notified a moratorium for three months, are functioning normally under the RBI's supervision, a GTB source said on Monday.
"There is absolute discipline at all the branches with people following the RBI's guidelines while withdrawing money," he added.
A sudden panic had gripped the account holders on Saturday following the RBI's order to halt normal operations of GTB.
The official said police protection has been provided at all its branches and the customers are allowed to operate their accounts without any hindrance as per the RBI guidelines.
Sudhakar Gande, Managing Director of the bank, assured the depositors that the bank is working in close association with the RBI to ensure that the depositors' interest are fully protected.