Friday, November 25, 2016

Filth in the Private Banks

The latest headlines today "IT dept raids Delhi Axis bank branch for black money"; the staff members of this bank helped exchange black money in crores for new currency in exchange for Gold Bricks.


Such news involving Private Banks in India is nothing new. There have been instances wherein the Relationship Managers of Private Banks have duped customers or are involved in illegal activities.


These same folks push for loans without proper due diligence to shady characters like Manish Vinodrai Badani. And when these shady characters do a disappearing act, they recruit even more shady and dubious characters for tracing the defaulters.


And in this whole Chakravyuha, folks like me get harassed.



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