Kotak Bank and its President Uday Kotak Just looting the Poor Middle Class !

Kotak Bank and its President Uday Kotak Just looting the Poor Middle Class

Uday Kotak is not passing the Moratorium facility to Home Loan Borrowers completely & trying to create impediment by pressurizing them to clear some EMIs

Modi government gave 20 Lacs crore to Industrialists, Bank & other SMEs to use the money & start paying back interest after 1 year. Middle class, actual taxpayers, Farmers, Poor were left without anything. They were given a moratorium in Home Loan EMI for a few months.

Moratorium on Loans - Home, Credit Card, Car, etc. is provided by RBI & Government of India but some Banks are creating a problem in passing on this benefit to some Customers. They are using all means not to transfer all benefit to customers or take back some month EMI.   

It appears soldiers, workers, farmers, common men dying in this difficult time, and big industrialists enjoying Government interest-free Money. We have received some complaints from our members. Kotak bank is one such Bank that is creating a problem in passing a moratorium on loans to two customers. Since its CEO Uday Kotak is also president of the Confederation of Indian Industry (CII) , he & his Bank employees feels they can control Consumers by Controlling NSitharaman Finance minister RBI BANK & other Powerful people in Modi government.RBI has become Reserve Bank of Industrialists

If you too are facing such an issue regarding any of the Bank, Please escalate us the concerns, we will try to get it resolved by forwarding that to concerned authorities.