FRDI OR NO FRDI - BE PREPARED TO LOSE YOUR DEPOSITS WITH INDAIN BANK

FRDI Bill is proposed to regularise fraud by elite class or corporate houses leading to bank being bankrupt. Instead of Govt recapitalising bank, sick banks were being authorised to utilise depositors money for consideration either in the form of shares or so.Due to huge public outcry using petition through Change.org Govt has deferred the bill to Budget session of parliament.

Whether or not FRDI bill has been passed in the parliament to make it a law, Indian Banks already have started regularising their fraud to state they reserve the right to contravene all laws, compromise secrecy of the account and are not liable for any due diligence whatsoever. They are free to pay third party matching your name or so.

Yes this is no fiction or myth !!!

Senior authorities of Bank of Baroda in a matter of fraud and moral perversion with the aproval of their MD & CEO has written to me on 20th Dec'17 to reserve the right in doing so. 

After prolong fight of almost six years, all my effort utilsing all channels namely Bank, Banking Ombudsman, Dept of Financial Services, Prime Minister's Office, Directorate of Public Grievances etc, stands frustrated. I had written to Transparency International India who had forwarded to Vigilance of Bank of Baroda. My petition is also pending with Department of Banking Regulation and Supervision wing of Reserve Bank of India, but to no avail. Bank dare to say so under a copy of mail to Banking Codes and Standard Bank of India.

Explicit approval has also been accorded by the Senior authorities to their employees insinuating to commit such fraud at any given opportunity to which we are set to lose our deposits and all claim henceforth.

Setting dangerous precedence, our deposits cannot be considered to be safe any more. It may happen with any depositors, sooner or later.

Sensing alarming situation that warrants immediate intervention of RBI Governor, online petition has been initiated utilsing Change.org platform.

Sign the petition if you are concerned about your deposits.Ignore you lose, sign you gain. We need to succeed in the larger interest of all depositors, customers of the bank and common citizens of India.

https://www.change.org/p/frdi-or-no-frdi-our-deposits-are-not-safe-with-bank-given-their-right-to-repudiate-all-laws?recruiter=358374456&utm_source=share_petition&utm_medium=copylink&utm_campaign=share_petition