Bank Of Baroda — Asba

Address:

380013

Dear sir,
I had applied for an ipo of equitos. But the amount was not freezed in my account and subsequently did not receive the shares inspite of amount in my account being sufficient to the amount required to clear my asba transaction.

When inquired in my branch i was given a rickless answer to inquire to my broker where i submitted my application form. My broker is in possession of each & every document which proves that the application has been forwarded but the amount not being freezed by bank of baroda………
I being the account holder is under a huge loss of not getting the shares inspite of having amount due to mishandling on the part of bank of baroda……….

I am being suggested to approach rbi as i have all the evidences of application being forwarded but not processed by bank of baroda. I am the account holder with the bank & have never faced such a situation since 1990. So i trust the procedures and decided to inform the management of bob at a primary level & then approach rbi only & only if i don’t get a satisfactory answer.
Hope i ‘ll get a satisfactory answer and will not have to involve rbi between us.

Awaiting for your kind co-operation,

Amrish khandhedia