Odisha Govt seeks Legal Action against Sahara India

For violating the guidelines of the Central Cooperative Society Registrar, State government written a letter to the Registrar of Central Cooperative Societies for taking action against Sahara India.

As Sahara group has registered under Central Cooperative Societies a letter forwarded to concerned authority for a legal action.

According to Shasibhusan Padhi, Registrar, Cooperative Societies, Sahara India in Rajgangpur branch is giving higher interest rate. Sahara India promises depositors to provide 14.5% interest.