05/12/2014
Sir,
As you are aware about banking system its public money which is deposited in bank and banks further lend this money to individual and companies after due-diligence,but if banking system doesn't do due diligence or ignore the same with involvement of local bank officials,then effects would be catastrophic (against common human being) in nature and at the event of default of lended amount towards borrower then what we/public as an individual will do? where as bank only commits a refunds of maximum to 1 lac only(subjective deposit should be the same amount) at the event of bankruptcy
Hence I would like to bring light towards SOUTH INDIAN BANK LTD GK 2 CR PARK NEW DELHI BRANCH process,this branch officials are having having involvement with various private parties/companies these officials are giving funds in the mode of working capital loan/loan against property/working capital limits towards loss making and defaulters of taxes companies and these officials are also ignoring statuary legal requirement by violating all rules and attracting all defaulters of taxes like sales tax,income tax,service tax,vat; these officials are also giving funds to loss making firms/companies ; these officials are also manipulating with documents and local managers of bank are fully involved with this.
we request you to kindly save public fund as these rich will become more richer and common man saving penny will become poor then poorer
we are in deep need of help to save our life time saving
Regards
Dr.Afzal Alam Khan
Official page of Prime Minister's Office of India