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Srinivas Murthy (Professor)     26 July 2012

Irregular practices of ing vb

I have an NRE account with ING VB for the past 1o years, 

1.  My AC balance statements were given to others liek mutual funds, insurance agents

2. Recently my cheques got bounced twice even with funds available  - they paid 1200 rs but for not meeting deadlien i lost 1.32 lakhs with third party.

3. My NRE AC I authorized my father by knowing this they cheated him and took 3 lakhs telling it becomes 6 lakhs in 3 years - now after three year they deny it and say i have nothing. Hearing this father got cardiac arrest and paralysed for the past year. Spent 14 lakhs on hsi health alone.

Total loss for me was around 11 lakhs and father health [14 lakhs]. On above three they said do what ever you want. Fianlly I siad I will go to BANKING OMBUDSMAN [BO]- they they visited my office which is 1240 kms away from bank to strike a deal with 3.48 lakhs. I didnot agree and went for BO. They some how managed BO and came out clean, which is wrong on BO side as well who has to support customer. 

Now RBI says me to go for CRIMINAL CASE or Consumer case. what I should do in this regard. URGENT reply would be appreciated. I dont want to leave them alone.  --- Sridhar, Prof of Nanotechnology. 09789232232 Please suggest, this bank almost cheated several illeterates in the past 2 years.


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