bank accounts safety

Of late i have been reading news items to the effect that bank accounts are being accessed by bank insiders and heavy amount is pilfered by the staff themself . Recent case is a bank in tamil nadu that all the pledged jewels have been stolen and even bank account has been depleted of its content. THE affected people are poor villagers. It looks as if the staff were part of the gang that looted the accounts.
In another case in thanjavur district a digital theft has been done in almost all the banks where small small amount has been siphoned off from large number of accounts amounting to a huge total sum. In all these cases staff are not interested in helping the customer. They have simply asked them to file a complaint.
The government should put these things in order instead of attempting big ticket reforms.
THERE was a general complaint that there is some major flaw in the software used by the banks. This software has been supplied by a leading indian software developer. Government is not taking any action in this. more  

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The staff observe whether a particular account is not operated or not. But
so long as there is no withdrawal entry in the pass book , customer need
not fear. It is the responsibility of the bank to safeguard the money
invested.You see lot of adds telling about "arranging" bank loans. This is
floated by certain managers to strike a commission in the loan. I cite a
case of Pondicherry. Loans were sanctioned on the recommendation of
councillor. Now bank manager and councillor conspire to exploit this. A
bank account opened and a cheque for withdrawal presented by
anonymous person. Entry made in pass book. But to keep records correct,
reminders will be sent. But reminders will be returned to bank with "no
addressee". Now the bank will give police complaint. On
police investigation, it will be reported there was no such person.
Councillor says I only recommended.Manager says the loan was given on
recommendation. Ultimately, crores written of as NPA.This was a real time
event. I cannot give details


On Tue, Sep 1, 2020 at 12:44 PM Rengaswamy Ganesan <
support@localcirclesmail.com> wrote:

> more  
When the Public vote for Corrupt politicians and party, how can we ensure CLEANING the corruption! Its time to be PATRIOTIC and support the country to be out of corruption. Else, these kind of loots will happen! Very strange, the bank staff is involving into these kind of attrocities! more  
This can be reduced only when cultprits are caught and fired from job that gives them the opportunity to misuse confidential infiormation. more  
There is a saying In Shakespeare . Old order changeth yielding place to new lest it becomes corrupt
There ia a need to overall cleaning of administration more  
This was common on stock market where demat account of the client had been misused by stock broking house under margin funding clause and POA when more  
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