Indian Bank — Not getting the money owed to me

Depositing money in Indian Bank is very risky. You may get back the invested money or may not. Even if you get back, it will be very painful for you to put in efforts and get it back. According to the circular CO:HRM Dept Circular No.MAIN HRMD-39/2018-19 dated 7-7-2018, the bank owes me sizeable money. But I tried my level best and even complained to Reserve Bank of India and Finance Ministry but nothing moved. The executives in Indian Bank have tremendous influence with RBI and the government and so whatever complaints given against the bank will not be acted upon by RBI and the government. Now, I have resigned to the fact that I will never get the money from Indian Bank. In the past also the executives of the bank lime the CMD Dr M Gopalakrishnan, T P Karunanandam and others were accused of in some scandals and cases were filed. Indian Bank piled up huge NPA (Non-Performing Assets) and the Central government had to bail out the bank by infusing huge capital from the taxpayer’s funds for political reasons. The same thing may not be done by the government again and the bank may even face bankruptcy. I am writing this to caution others before investing in Indian Bank. The top executives of Indian Bank are thick skinned persons and the RBI executives are even more thick skinned and always support the Indian Bank top executives for some unknown reasons. You can invest in other banks and better avoid Indian Bank. My name is S Ramakrishnan. My phone number is [protected] and [protected]. I am available to take the phone call at 12 noon or after. My email address is [protected]@gmail.com.