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Fin. Min. Arun Cheatly is planning of many Indian 22 nationalized banks in to 6 banks, only for benefitting to big capitalists and cheating with small depositors. Past shows & proved centralization of financial institution increases corruption on all steps of handling of public money, such as State Bank of India, in this 7 subsidiary banks of different states merged in this State Bank of India, while total staff of SBI is highly corrupt, rude & cheater, and after merging Non Performing Assets also increased, 2nd coincide, for decreasing actual loss of bad & doubtful debts, Fin. Min. Arun Cheatly & IPM Modi, for torturing & cheating small depositors, imposed levy & high taxations on all types of transactions, but unable to recover big debtors of lakhs of crores such as Ambani, Adani, Birla, JP Associates & hundreds of others. While other small banks are still working well & not having big NPA and bad & doubt debts on capitalists, paying good interests on small savings without levy on transactions, customer services are better than SBI.
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