Frauds and malpractices in 500/1000 demonetisation
We want to seek your inputs on various malpractices, frauds that you are observing in the 500/1000 currency demonetisation scheme.
Some of the members have reported that currency is being exchanged against any id card (not just pan and adhaar card) which in essence becomes very hard to track.
Also, if you are experiencing bank branches engaging in any malpractices, please share the same.
We look forward to your inputs!
Transparency International India more
AS ONE WHO UNDERWENT THE PROCESS OF EXCHANGING 500 AND 1000 RS NOTES FROM BANK IS THROUGH A FORM SUPPLIED AND FILLED BY INDIVIDUAL.ONLY POSSIBILITY IS BY SHOWING THE PAN CARD ONE DAY AND AADHAR CARD ANOTHER DAY.THE PROBLEM WILL BE COMPLICATED BECAUSE DAILY BREAD WINNERS WILL NOT HAVE PAN CARD.IF IT IS THROUGH ONLY PAN IT DEPT CAN MONITOR THE SAME OTHERWISE IT IS VERY DIFFICULT FOR THE GOVT TO CONTROL-VGK. NOTE: XEROX OF FORMS CANNOT BE DONE WITHOUT THE STAFF CO OPERATION. more
Communication to banks itself is ambiguous. They are just accepting any government provided ID card more
Banks doing fraud must be reported upon to authorities .so are the individuals and shops . more
SBI is over crowded other banks are not . Some branches do not have even regular cusyomers. more
For every banned rs 500 note you will get Rs 400 and for Rs 1000 you will get rs 800. New business started in villages. more