While the concern is appreciated,let us also remember PSBs have a transparent reporting system. Beyond frauds, financial institutions both inprivate and public sector are forfeiting account-holders' money in the name of 'inoperative accounts', unclaimed deposits and so on where the amounts involved are much larger.There is no public sector-private sector or government divide in appropriating small depositors' funds.The numbers and amounts mentioned here will make sense only if comparative figures of private sector banks as also the types of clientele these banks are handling are also discussed.
- M G Warrier, Thiruvananthapuram
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