Friday, March 24, 2017

CONFUSED INDIAN GOVERNMENT COMPELLED SBI TO IMPLEMENT STRATEGIES OF CONFUSIONS !!!

"There will be no existence of 
any associate banks of SBI 
as it is the ripe time to MERGE; 
to collect the money of accounts migration cost 
and other administrative expenses, from 1st April 2017, 
SBI will implement a new cash transaction CHARGE. 
As a customer of SBI, 
if you are yet to have an 
ATM card as on DATE; 
then you may face some difficulties for 
withdrawing money from your own account as your 
upgradation as a bank customer is too LATE. 
To reduce the number of bank customers 
and increase CASA deposits 
to a certain EXTENT; 
SBI has also increased the amount of minimum balance 
in CASA accounts to have some impact 
on Profit and Loss STATEMENT. 
Without linking AADHAAR card numbers and 
PAN card numbers of all customers in their 
respective bank accounts, decisions regarding the merging of 
banks is still a very high level critical ARGUMENT; 
De-duplication of all customer IDs to generate 
one and only one unique customer ID number for each customer 
is still incomplete and no strict bill for NPA recovery has been passed, 
which can be regarded as one of the failures of Indian GOVERNMENT."- Arindam Sain 

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