Shree Gondal deposits jump up Rs 3 crore

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| Speaking at the bank's annual general meeting, Shree Jayantibhai Dhol, chairman, said the bank will soon open its branch at Rajkot, while a banking house worth Rs 1.50 crore is under construction in the city. The bank will also begin door-to-door services. |
| Recently the bank paid Rs 10 crore to its investors towards the encashment of their deposits in the Kamdhenu Fixed Deposit scheme. |
| The scheme, which has been withdrawn by the bank, had offered the deposited amount doubling after 4 years and 9 months. The bank is also set to launch a branch in Jasdan near Rajkot. |
| Dhol added that strict actions taken by the bank to recover non-performing assets has fetched good results for it. |
First Published: Aug 25 2003 | 12:00 AM IST