Stick Bills™

There had been a huge corruption, Scams and frauds in the State Bank of Hyderabad. And if all the loan accounts are classified correctly, there will be a loss of about Rs.15000 Crores to the Bank indicating that this is a dead Bank and cannot return / pay back the deposits to the public.

I had written letters to CVC,CBI on 3-5-2008 but till date no initiation is taken by anyone except saying that letter is written to the Bank for explanation and after almost 19 months no action is taken by the competent authorities.

While the junior officials with the small irregularities are being punished heavily by CVC and others.

In: Banks Posted By: Satnam Singh [ ]