SJTA Calls For Bidding To Deposit Sri Jagannath Temple Corpus Fund | OTV News
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Sri Jagannath Temple, Puri
Puri: The Sri Jagannath Temple Administration (SJTA) has invited tender from 10 nationalised banks for maintaining corpus fund amounting to Rs 11 crore of the shrine as fastened deposit. The bidding can be held on January 21.
The temple administration has determined to prioritise the banks who will quote most price of curiosity through the bidding course of, temple administrator (Development) Ajay Jena mentioned.
“We have invited 10 public Sector banks to take part in the bidding process on January 21. No private bank has been called. The bank that will agree to give the highest rate of interest will be declared as the top bidder. The funds will be kept in that bank only, following the approval of sub-committee (finance),” Jena added.
The corpus funds embody Rs 2 crore as a part of compensation given by Odisha Health division over accusation of temple land for the Sri Jagannath Medical College and Hospital.
The temple authorities have saved Rs 102 crore within the State Bank of India after withdrawal of Rs 592 crore from Yes Bank. Similarly, 259.19 crore has been saved in Bank of Baroda and Union Bank as fastened deposit. Temple fund of Rs 231.31 crore has additionally been saved in these banks as fastened deposit.
These two banks had emerged highest bidder within the tender course of final 12 months and agreed to provide most price of curiosity. Union Bank had provided 6.20% curiosity whereas Bank of Baroda had quoted 6.15 per cent annual curiosity.
Earlier, non-public banks used to participate within the bidding course of. Now, solely authorities banks are allowed to participate, sources mentioned.
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