Sirs, We should encourage soft currency providing attractive incentives to our fellow citizens. Since currency printing its security and logistics involves considerable costs Govt can introduce incentive say 1 to 2% of the amount of money spend by every person in soft form. Amount withdrawn in currency more than a specific amount say Rs 50,000/- need to be released only after the person is identified via his Aaadhar card. This will discourage black money as well. Thanks

100 Mbps Across All Bharat [India] Required For Success of Any E-Governance on Mobile Smartphones is a MUST... Also Super fast Internet or ULTRA HIGH SPEED INTERNET, Something Like "GOOGLE FIBER" (https://fiber.google.com/about/) For Major Tier 1, 2, 3, 4, Cities is Also a MUST... For BHARAT AS A DIGITAL SUPER POWER... WE CAN DO IT ... IT IS A DOABLE THING...

Contd..2... My suggestion for this is to appoint/depute Tehsildars to the office of Lead Bank where they will exclusively deal with the RRC cases in the way courts deal with cases. In such cases they will have exclusive task of action on RRCs so as to be effective. Central Govt. may think of such concrete steps as this area is ignored and voice of bankers is not heard with seriousness by administration as they have their own constraints and other priorities.

One of the major constraints that the PSBs face is the recovery of bad loans. There is a provision in every State to file Revenue Recovery Certificate (RRC) before the respective Tehsildar through Distt. Collector for recovery of such dues. But the real experience shows that either no action at all is taken on such RRCs by the Administration or even if taken - such cases are countable on finger tips. Huge sum of money is involved in RRC filed cases. Contd..2...

1. Bank Charges are too high, One side Modi Govt is encouraging people to open accounts on other Banks are increasing charges on services arbitrarily. 2. Security should be enhanced for online transaction so as to encourage more & more people to do online transactions, If online transactions increases, Black money will reduce automaticcaly. 3. Credit card Interest charges are again too high up to 36% annually, should be brought down to base lending rate.

if any cheque fails for payment, the banker should freeze the cheque amount from the issuing person account, whenever the particular account credit money from other source, the fund should be transferred automatically to the first failed beneficiary account. if the cheque issuer want to stop the payment, he/she can do the same but still the amount he/she cannot liquidate until they submitting minimum a notary public/ gazetted officer affidavit is necessery

Since the banks are the custodian of people's money and they earn huge interest from loans given to various people they need to reduce their charges for various services to less than half keeping in view that majority of the depositors are marginalized citizen with less funds at their disposal in banks. Am referring to the charges like cheque book issue, SMS charges to inform transaction, quarterly min. balance in account, payment to other credit cards and various others

Idea to Avoid ATM Theft/Murder. Since I couldn't type the entire content here, I have attached PDF and Image. Please go through it. Thanks, Praveen Chandramohan.

IN JANDHAN YOJNA BANK GIVES ATM TO THE CUSTOMER FOR INSURANCE,BUT MANY OF ILLITRATE,SENIOR CITIZEN DOES NOT MAKE USE OF ATM AND THEY ARE NOT TAKE THE BENIFIT OF INSURANCE SO,GOVT.SHOULD HAVE ALL THE INDIAN CITIZENS GIVE INSURANCE BEARING BANK ACCOUNT HOLDER,FARMER AND COMPALSARYY INSURANCE OF ALL INDIAN CITIZEN WITHOUT WITHDRAWL OF PAYMENT IN BANK VIA ATM RUPAY CARD

DEAR SIR,ALL AGRICULTURE LOAN INTREST SUBSIDY GIVEN DIRECTLY TO THE FARMER'S DIRECT BANK ACCOUNT TYPE OF PAHAL IN GAS SUBSIDY.BECAUSE MANY OF THE BANK REFUSE THE SUBSIDY TO THE FARMER IN AGRI.GOLD LOAN.SOME BANK GIVE THREE YEAR LOAN TO THE FARMER AND AFTER ONE YEAR THEY TAKE THE NORMAL INTREST INSTEAD OF AGRI.LOAN INTREST 4 % .PLEASE AUDIT ALL THE NATIONALISED BANK FOR SUBSIDY GIVEN TO THE FARMER ON GOLD LOAN INTREST.