Interested businessmen, industrial houses, privileged class of people and Indian stock market became extremely excited and happy as soon as our honble finance minister sri chidambaram announced to allow private businessmen to run a private bank if they possess a poorest poor initial fund of Rs.500 crores only. Here lies the intention of the present government to dash the entire indian public to the jaws of dragons who will run small private banks and shall be ready to cheat their esteemed custonmers by engaging themselves in illegal activities like private and foreign banks who do not bother the interest of oridinary customers. THE OLD HISTORY OF RUNNING OUT OF BANKS IS COMING SOON TO RUIN OUR INDIAN PUBLIC