The Scams incidents taken by OBC & Dena Bank have been focused into the public notice (Print this message), under such circumstances, how the people will believe the Public Sector banks functioning system sincerely, honestly upto the expectations of their customers, when such scams have been taken in FD's. Why RBI is not so serious about such scams, burglaries, ATMs incidents etc., clear cut instructions should be issued to all Public Sector banks, because banks are surviving with the public money for safeguard their hard earned money, if once public image is lost on Public Sector banks, then, there will be no other alternative except to close down all Public Sector banks at one go. So, RBI should intervene immediately for giving clear instructions about such scams, those who are guilty they should be punished immediately and sent to jail for ever.
Re: FD's
by on Aug 21, 2014 07:24 AM
collect fds from companies through middlemen, give them forged fd receipts, offer the original fd receipts as collateral for loans. one modus operandi