People in large numbers thronged all the 16 post offices in the city and on the outskirts to open savings bank accounts on Thursday as rumours spread that the government would deposit money in the postal accounts of the people belonging to those who fall in Below Poverty Line (BPL) category.

It was the talk of the town that the government had seized large amounts of cash belonging to the Sri Satya Sai Central Trust in Puttaparthi and Brahmani Steels owned by former Karnataka Minister Gali Janardhan Reddy, and would deposit a minimum of Rs. 50,000 in the postal accounts of those who fall in the category.

The head post office on the main road saw a huge rush of people thronging it with the copies of their ration cards and passport-size photographs that were required to open the account. Similar scenes were witnessed in other post offices too. Some of them returned home without opening the accounts after the postal staff explained patiently that there was no such proposal from the government. A few others, however, opened the accounts by paying the minimum balance of Rs. 50. In all, over 300 new accounts were opened in the post offices during the day.

Today, there is a sudden rise in the public turnout after some TV channels began flashing reports about the spread of rumours,” Ch. Satyanarayana, assistant superintendent of posts, told The Hindu .


  • Rumours fly saying the government is depositing Rs. 50,000 in the accounts of BPL families
  • In all, over 300 new accounts were opened in the post offices during the day