In the country’s capital Delhi, the conspiracy to sink Ramgarhia Sikh Bank and merge it with another bank was thwarted, thereby giving a boost to the efforts to save this bank and increase its share capital, which is known as the heritage of the Ramgarhia community. The chairperson of the bank, Bibi Ranjit Kaur, said that she was appointed as the chief executive officer of Ramgarhia Bank, established in 1942 in the Pahar Ganj area of the capital Delhi, with assets worth more than Rs 100 crore, in the year 2021, but the sad thing is that at that time the bank was in loss and was on the verge of sinking. She took over the post of chairperson of Ramgarhia Bank as a challenge. At that time, the bank was in loss, due to which the Reserve Bank of India had imposed some restrictions. Despite the fact that the bank’s license was about to be cancelled due to such restrictions, we had prepared our entire case and approached the Reserve Bank of India, the then minister of the Kejriwal government, Sourav Bharatwaj, and the then Chief Minister of Delhi, Arvind Kejriwal. Arvind Kejriwal had a bad idea and he was intending to cancel the license of this bank and merge this bank with another bank. Therefore, by the time this file went to the ministers, the officers had direct instructions that you should not accept the demand to increase the share capital of this ancient bank of the Ramgarhia community. The reason behind this was that the view of the other banks and the bad idea of the Delhi government was that this bank, which is the heritage of the ancestors of the Ramgarhia community, should be merged with another bank and the name and trace of this bank of the Sikhs should be erased. It was said that no one can save this bank, you can take whatever you want from us and have your fun, but we did not give up. They did not allow the file to go to the LG due to which the bank could not get permission to increase the share capital. They approached Cabinet Minister Manjinder Singh Sirsa and tried to resolve this entire issue. Bibi Ranjit Kaur said that she prayed to Guru Sahib to save this heritage Sikh bank without any greed, discrimination and nation. With the grace of God, the government changed in Delhi and we continued our efforts. Delhi Cabinet Minister Manjinder Singh Sirsa helped a lot in making these efforts fruitful and after this, due to the tireless efforts of Delhi Government Chief Minister Rekha Gupta, Delhi Lieutenant General VK Sukhsa, Cabinet Minister Ravindra Indraj Singh and Cabinet Minister Sardar Manjinder Singh Sirsa, Ramgarhia Bank Paharganj and its four branches were allowed to increase the share capital by the Reserve Bank of India and the Delhi Government. It is worth mentioning that since Ramgarhia Bank came under the care of Bibi Ranjit Kaur, this loss-making bank has been made profitable and it is hoped that this bank will also start providing loans in the next six months. Bibi Ranjit Kaur, with her hard work, honesty and passion, saved Ramgarhia Bank in Delhi, brought it out of losses and made it profitable, increased the share capital and took this bank to greater heights in the future. The promise she had made to increase the share capital and take this bank to greater heights in the future has been fulfilled and the good thing is that the salaries and other allowances are being paid to the employees of the bank on time, which is a commendable work. Bibi Ranjit Kaur said that she would like to express her special gratitude to the Chief Minister Rekha Gupta, Cabinet Minister Ravi Indraj Singh, Delhi Lieutenant General Shri VK Sukhsa and especially Cabinet Minister Manjinder Singh Sirsa in the Delhi government who made a big contribution to saving this bank from sinking and increasing the share capital.
