Karnataka government orders to halt transactions and closure of accounts in SBI and PNB Heres why vkp

'Withdraw deposits, halt transactions': Karnataka govt orders closure of accounts in SBI, PNB; Here's why

In a decisive move, the Karnataka government has ordered all state entities to cease financial transactions with SBI and PNB due to unresolved issues over Rs 25 crore in fixed deposits. This action, led by Chief Minister Siddaramaiah, aims to recover funds amid alleged financial irregularities involving the banks.

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