Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
VIOLATION OF RBI GUIDELINE BY SBI CARD
by chandankakoti on Dec 23, 2008 04:13 PM

Violation of RBI guidelines by SBI Cards and Payment Services Ltd.
Numerous citizens have been victims of fraudulent and unfair parctices by SBI Cards and payment Services Ltd., Gurgaon. A large numbers of common men are being entrapped by SBI Card whereby the customers are being subjected to fraud, intimidation, threats and extortion. Thereafter, finding no other resources, we, the aggrieved SBI Card Holders in Assam have, in our personal capacities, constituted the SBI Credit Card Victims Forum in order to united stand against the unfair, extortionist and usurious practicies prepetuated by SBI Card and Payments Services Pvt. Ltd., Gurgaon, Haryana.
There has been widespread resentment against the malpractices of SBI Card. A few such news alreday published in Daily news papers in Assam and all ectronic media in Assam. In view of the severe harassment and extortion faced by the citizens and the employees, The Sadou Asom Karmachari Parishad has issued an ultimatum to State Bank of India to stop illegal practices. The All Assam ME Teachers Association has also adopted a resolution in this regard.
State Bank of India, which so denied any accountability for the malpractices of SBI Card, has been recently forced to admit its responsibility for the first time, for the acts of SBI Card. However, it is shocking that SBI has not displayed the sincerity or sympathy to the common man expected from leading Nationalised Bank, and it has perhaps tacitly concurred to the various violatio

    Forward  |  Report abuse
The above message is part of the Discussion Board:
'Credit card dispute? Go to RBI'