NON EXISTENCE OF GOVERNING SYSTEM
They know that there is not much of governance in the system . Designated agencies like IRDA, TRAI and others have never played their role in the interest of the consumers. They have been remaining as silent spectators getting fat salaries without doing their job.
A very sad state of affairs more
accepted by the CorporationBillCollector and I had rewritten the date(with the purported alteration) below my signature and also on the reverse of the cheque stating the amount is towardshouse tax dues of L.Kalavathi retd staff Bank of India.
Upon enquiry I found that the cheque had not even beenpresented to the drawee
bank, Bank of India and has unauthorisedly been returned by ICICI Bank. I had to unnecessarily pay penalty of Rs.500/- and further raise a complaint with the RBI Banking Ombuds(wo)man.
Retd. Bank Official
31st March 2019
PS: How is it Chennai Corporation has its account depositing myriad cheques with
ICICI Bank, a foreign bank according to its Investor Profile and not with a nationalised