Financial Dictatorship started in India.
By Sumit Sharma
@MITHINK (2)
April 5, 2017 3:26pm CST
We since our childhood knew that banks where a place where our money grows as the bank paid interests on the sum we saved and kept in a bank.
But now the business process of the known Indian official bank to the common mass has developed a new mandate and implemented it on 1st of April 2017, the State bank of India has applied new rules in the banking process
Where the banking trend has totally changed to a pure pure elite business.
The new minimum balance rule, the penalty on not having the fixed minimum balance, the charges levied on the transactions above three times.
2 responses
@shivamani10 (11038)
• Hyderabad, India
5 Apr 17
yeah. ..Do you think they are all indicating the development?
@MITHINK (2)
•
6 Apr 17
No this is not indicating development....Il
Because the new rules and process are not worthy
@vijay_2016 (900)
•
6 Apr 17
Some of the analysts say these charges are due to Jan dhan accounts maintenance. Not sure if it is true. Minimum balance limit for private banks is high previously itself. But sbi also increasing minimum balance limit is bad.
