Petition updateRBI Governor: Please Stop Banks Fleecing us Depositors!SBI cuts deposit Rates, HDFC limits ATM withdrawal #BankSeBachao!
Sucheta Dalalmumbai, India
Jul 31, 2017
Just when we were moving forward there are new road blocks. We need to redouble our efforts to make our voice heard! Wouldn't it be lovely if each of us commitments to get 5 more person to sign? Here's why you need to do it 1) The giant State Bank of India has cut savings bank interest 3.5% today. All its new charges remain intact! Other banks will follow. 2) I see tweets saying HDFC Bank had capped ATM withdrawal at Rs5000 over the weekend in some places. This forces you to make repeated withdrawals, which are then charged. How unfair is this? 3) Our RTI filings reveal that RBI also has no intention of giving teeth to the Consumer Charter - it will remain a motherhood statement. 4) The UK has banned surcharges on credit and debit cards from 2018. Our cabinet had also decided this in 2016, but nothing happened (Read :http://www.which.co.uk/news/2017/07/no-more-surcharges-uk-bans-credit-and-debit-card-fees/ Since we cannot do without a bank account, and because all banks seem to operated in tandem (some would call it a cartel), we need to fight harder. Thanks for being a part of this. I welcome your suggestions on how to turn on the heat! Do read the link here. regards Sucheta
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