large financial institutes and banks.Are they fair in business? ethics

  1. pramodgokhale profile image61
    pramodgokhaleposted 2 years ago

    I am an Indian and frequently read news in newspaper about unfair practices of India's large institutes and Banks. Reserve bank of India imposed penalties and fine on them.ICICI ,HDFC and some foreign and public sector banks have been warned again and again by RBI. Now depositors and investors are worried and safety of their funds.They have faith in above banks and what should be the future performance of these banks? They know rules and protocols then also they do commit crimes and least bothered about India's highest monetary authority and no respect for laws.India's private sector boasts to be most efficient and practicing modern economic methods.
    If it is dirt of business then investors have no choice and government of India does not take any step to safeguard small depositors then it would be disaster of India's economic system.