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NRIOL.COM - NRI Readers Concerns


May, 2001

Bank officer refused to attest the signature

From: Dr. Kailash Srivastava: NRI

Subject: Bank officer refused to attest the signature

Dear NRIOL,

I had a daughter in Febuary 2001.

I requested my rep in India to have my signature (on certain papers of Stock Holding Corporation of India) verified by Punjab National Bank/Naini branch. The branch manager refused to do the needful. His contention is that his code nr. is confidential and he can not reveal it to any other person. I doubt his contention because every officer signing a bank draft indicates his or her code nr. on it.

My rep then approached CBI/Naini branch where I have an other account. The branch manager gladly verified the signature and also indicated his code nr. thereon as desired by SHCIL.

I reported the matter to PN Bank's higher officials including chairman. I did not hear anything back from any of the authorities even after expiry of considerable time.

I am posting this message to expose the callousness of PNB.

Dr. Kailash Srivastava

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