Mangaluru: “Defamation case will be filed against the media channel who has spread lies about SDCC Bank,” said SCDCC Bank President Dr Rajendra Kumar.

Addressing the press reporters in a press conference at SCDCC Bank on Saturday, he said that it is pre planned and intentional lie.

“If the media channel has the documents related to any scam then let them reveal it. We are ready to face any sort of inquiry on this issue,” he said.

He further said that SCDCC Bank is functioning through 101 branches. After the order of RBI from November 10 to November 14 totally Rs 386.65 crore deposits and loan has been credited from 1,166 co-op societies.