RBI reassures depositors of Global Trust Bank Ltd.

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Published on July 25, 2004

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RBI reassures depositors of Global Trust Bank Ltd.

RBI reiterates that the objective of the moratorium is to protect the interests and safety of funds of all depositors. Necessary actions are being initiated to ensure the return to normalcy.

All the branches of Global Trust Bank Ltd, will continue to remain open as per their normal working hours to help their customers and enable them to make the permitted withdrawals.

RBI stands by its assurance to meet any requirement of cash at the branches of the bank for making permitted payments under the Order of moratorium .

It is also clarified that the D-mat accounts and Safe Deposit Lockers of customers will be allowed to be operated as usual.

The Reserve Bank of India has set up help lines to assist the members of public at Mumbai and Hyderabad. They may contact the following officials of Reserve Bank of India.

At Mumbai

Shri T.B. Satyanarayan	Tel. No.(O) 022 22150768
General Manager	(R) 022 24306785
Department of Banking Operations & Development	Fax : 022 22183785
Reserve Bank of India	email: tbsatyanarayan@rbi.org.in
Centre I, World Trade Centre(5th Floor)
Mumbai 400 005

At Hyderabad

Dr. T.V.Gopalakrishnan	Tel No. : (O) 040 23234324
General Manager-in-charge	(R) 040 55515565
Department of Banking Supervision	Fax : 040 23234496
Reserve Bank of India	email: tvgopalakrishnan@rbi.org.in
6-1-56, Secretariat Marg, Saifabad
Hyderabad 500 004