Bank Introduction; Think before Signing
Dr SD Israni 20 October 2011

Be careful, while giving an introduction to someone for opening a bank account

Can a simple act of introducing an acquaintance to open a bank account land a person in jail? Yes; someone found to his horror. A businessman from Jamshedpur had an acquaintance who wanted to open a current account with the Central Bank of India. Since the businessman had a current account in that Bank, he agreed...

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