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Congress launches ‘State Bank of Tomato’

August 3, 2017

In a unique protest against the alarming prices hike of the tomatoes, the Congress introduces a bank named ‘State Bank of Tomato’ in Uttar Pradesh, reported ANI on Wednesday.

In a unique protest against the alarming prices hike of the tomatoes, the Congress introduces a bank named ‘State Bank of Tomato’ in Uttar Pradesh, reported ANI on Wednesday.

Unlike typical banks, the SBT deals only with tomatoes and operate from 10 am to 5 pm every day.

It promises lucrative benefits to its customers who are willing to deposit their valuable commodity, tomatoes to be specific, says a Times of India report.

This Lucknow-based veggie-bank provides loans and locker-facility, it also assures a return of five-times on the initial tomato deposit.

The bank aims at providing financial support to those who are unable to afford to buy tomatoes at the present market price.

“I have deposited 0.5 kg tomatoes, I will get 1 kg after 6 months. I’m 103-year-old, never thought I would have to see this,” said Srikrishna Verma, a customer who has ‘invested’ with the bank.

The unpredictable monsoon that has caused major floods across India is attributed as the reason behind the sudden price rise.




Reportedly, the Congress protest comes amid the Opposition attacking the government over the tomato prices increase to Rs 100 per kilogram in recent times.

Check out tweets here

ANI Up

Lucknow (UP): In a unique protest against the rising prices of the tomatoes, Congress opens bank called “State Bank of Tomato”.

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ANI UP

I have deposited 0.5 Kg tomatoes, will get 1 kg after 6 months.
I’m 103-year-old, never thought have to see this: Srikrishna Verma,

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VIA : zeenews

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