[1] She is one of 34 respondents in an ongoing case before the Aurangabad bench of the Bombay High Court regarding alleged mismanagement of the bank and misappropriation of funds.
[3] An inquiry under the Maharashtra Cooperative Societies Act was ordered in July 2001 and reported that the bank had incurred losses of Rs 1.35 crore.
[4] The RBI determined that six of the ten largest loan defaulters were connected to Patil's family,[5] that the paid-up share capital was negative and that its gross non-performing assets amounted to Rs 391.20 lakh.
[6] Many depositors who had been attracted to the bank because of the involvement of Patil lost much of their savings, although the first Rs 1 lakh of their funds was protected by deposit insurance.
At the time of Patil's nomination for the office of President of India, some of these people, who had still not received the balance of their deposits, alleged that the bank had become a "family fiefdom".