With the upper-age limit being raised, those who had closed their account earlier have also now been permitted to open new accounts.
The suspended officials included a woman auditor, who gave special report to the department twice about irregularities, and the Joint Registrar, who officiated in the post for just three weeks.
The report states that the officials had failed to find and report the fraud that had been going on since 2010. The fraud continued during the period of governments of both Congress-led UDF and CPM-led LDF.
Never waste a crisis, they say. Karuvannur is a reminder for Kerala to take quick corrective action so that the gains of a vibrant and widespread cooperative banking system are not squandered away at the altar of political expediency.
This is part two of the series uncovering the Karuvannur Co-operative bank fraud.
The Guruvayru Temple police said that the accused Nandakumar had been taking money from the devaswom's account since 2019.
This class is conducted by experts who have years of experience in competitive exams preparation.
A technical upgrade of NEFT, targeted to enhance the performance and resilience, is scheduled after the close of business of May 22, 2021.
The accused, Vijeesh Varghese of Avaneeswaram in Kollam, had allegedly manipulated the accounts of several depositors and stole Rs 8,13,64,539.
The additional burden is applicable to those who opt for a fixed interest rate while availing of the loan. The fee charged is not uniform across banks.