This is the biggest fraud in India by the BJP government. Let friends run away with public money and then make the public pay for it by forcing them to open accounts and maintain the minimum balance.
Image Source : ndtv.com
There should be no fine. This Arun Jaitly ruined the Indian economy. He made good decisions for the govt to fail and still, BJP keeps him. He ruined everything. A sad truth of Modi govt.
While Jaitley was exempting the Corporates from paying their loans, the banks' coffers were getting depleted to cover the huge gap Modi opened 'Jan Dhan Yojna'. Thus, collecting money from the common people this duo helped the Corporates. Nirav and Mehul plundered us from outside the govt, Jaitley and Modi plundered us from inside.
The news is shuddering and shocking. It says that Indians don't even have to sufficient money to maintain balance in bank accounts. I have experienced that people, especially from job & middle income class and small businessmen, are finding extremely difficult to meet household expenses. No one enjoys to lose money by paying penalties to banks for non-maintenance of money but people have no money at end of the month. Really, hand to mouth situation.
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Is it true national bank in which jandhan a/c opened makes it mandatary ? or else the private banks alone?
if so lets us change to post bank.
i think it is not government - it is by the duo - RBI & Banks. as an internal measure to save top ranking official's who where involved in corruption to gain some more time to cook the books, expecting regime change in ensuing election and also bring bad name to the government. aiming to continue their earlier hangama .
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