Banks and service Charges

Now banks can dictate terms and exploit the customers as the freedom enjoyed by the customers to freely change the banks  has been taken away with the introduction of Complicated  and Cumbersome procedures  The customers are actually trapped and they have no escape from these sorts of harassment s. The authorities to regulate the banks are silent spectators or are party to the harassment. It is time Customers  get united and fight for their genuine rights as otherwise, they will be taken for a ride and their money with banks may not be safe. In the name of service charges, their balances will get eroded and there wont be anybody to answer the customers. As it is , it is extremely difficult in practice to register a complaint for deficiency of service and what ever banks  advertise is nothing but bogus procedures which may not yield any result. If contacts are there then one can expect some reasonable service or reply to one's complaints.

Dr.T.V.Gopalakrishnan