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Kerala cooperative banks are facing challenges due to the RBI's interest rate cut, forcing them to reduce deposit rates.
Kerala Bank officials had sealed the house on Wednesday over loan default.
The family said they were not leaving their home, an old three-room tiled-roof dwelling.
IUML leader P Abdul Hameed has taken board membership in the CPM-controlled bank.
The Kerala Bank has made it clear that it will not cooperate with the process unless Supplyco settles the outstanding dues of Rs 534.72 crore.
She has accused the Kerala Bank or Kerala State Co-operative Bank Limited's Medical College Evening Branch at Peringandoor of conniving with private financier Satheesh Kumar to rob her in a scam.
Thrissur native Sindhu accused Satheesh Kumar of cheating her of Rs 11 lakh. She also said bank authorities would initiate attachment proceedings on October 4.
The banking regulator's action was triggered by KTDFC's inability to repay Rs 130 crore to Sri Ramakrishna Mission based in Kolkata, even months after the expiry of its term.
The KTDFC had borrowed Rs. 150 crore from Palakkad District Cooperative Bank and Rs. 200 crore from Ernakulam District Cooperative Bank for extending a loan of Rs 350 crore to KSRTC.
Kerala Bank has amassed the funds through deposits from cooperative societies in Trichur district.
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