Dear Editor, Customers including senior citizens deposit money in banks by way of term deposits to earn better interest and banks do business by lending money at higher interest. However, huge amount of lent money is misused for the purpose, in connivance of bank officials. The hard-earned money of senior citizens and taxpayers is looted in this way. The RBI should form strict rules for lending and officials responsible for lapses should be punished. OP Garg, Patiala.
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