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Dear arun jaitley,
Most of the people in India are under the poverty line and only hope for them is to have deposits in bank for future needs. Now the new FRDI bill is not clear to common and although you said it wont create any problem to depositors , however the bill doesnt speak anything about it. This is very unacceptable by all the people and now the NRI people may not have trust in investing in banks of India and it may effect the growth of India's economy. Please forecast the issue that may arise before implementing this.
It should not be like ban of notes, cash ban a ‘total failure’ as 99% of banned currency notes back and although it was good step for better India, the way it was executed is disaster.
Hope you create a better future for people for better India
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