PRIVATE BANKS OR PUBLIC BANKS: WHICH IS MORE SAFER?

Welcome to your blog today, we will tell you that a piece of disturbing news that is coming from the banking sector, as you may have seen that for some time, the money which is kept in our private bank or in a public bank, is ever Can disappear, anyone can run away by fraudulently, so let's know which of the private bank's public bank is the safest for us.

Which type of bank is the easiest to get a loan?

There is no shortage of banks in our India, whether it is a private bank like Axis, Bandhan, CSB City Union, Dvb, HDFC, etc and in our country, there is also no shortage of government banks like Punjab National Bank, Punjab and Sindh Bank, Indian Bank, etc .but If we compare which bank lending it is easy to get it then it will not be completely correct but it is true that getting a loan is much easier in a private bank, although how much loan will be received, it depends on your file like how much ITR you read How much progress has made in your previous fiscal year because of private banksThe main profit is only by giving loan, then the more loan you get, the more they will get more profit, then the private bank does not bother about these more files and lends at higher interest, but it does not happen in public sector bank. Lending is not easy compared to a bank because its interest rate is less, due to which the number of borrowers in it is more, so only if you have power in your file, you will get a loan due to this, which is the loan if it is given in most private banks. So this is the simple reason that more and more chances of fraud is also done by private banks will be compared to a government bank

Which type of bank has the most scams ever?

Just a few years ago in 2016, IIM Bengaluru published an article in which they said that the public sector banks had lost about Rs 22,740 crores, if we talk about corruption as of 31 March 2018, then it had an NPA of 10. 25 lakhs. Crore.

Let me tell you that IIM Bengaluru had published in its research that 455 cases are in ICICI Bank,429 in SBI, 244 is in Standard Chartered Bank,233 is in HDFC Bank which has been caught in the last 9 years.

Many big industrialists in our India have committed big scams like Nirav Modi Bank Scam,Vijay Mallya Bank Scam, Allahabad Bank Scam and Rotmak Pen Scam, RP Infosystems Bank Scam Simbhavali Sugar Mill Bank Scam, etc

Which bank system is the most useless and which bank has the most employees corrupt?

If we tell you according to the records of the police data, then 60 employees who are on behalf of State Bank of India, 40 employees on behalf of HDFC Bank, 35 employees have been arrested on behalf of Axis Bank, after Nirav Modi's case that Punjab National 20 employees have been suspended since it was in the bank

If we talk about the management of the bank, then the management of the bank which is a government or the behavior showed towards the employee is not as good as that given by a private bank because you must have heard in the  news that someone else Had the money gone to someone else's bank by mistake then there are two owners of the same bank account, then such mistakes are made by the government employees bank, which if done by mistake, then if the government banks or government employees are not as good as the private banks are, therefore the government There is more fraud in banks because their employees are corrupt and look to earn their money

So finally, we talked about which of our money is safer and it shows that our money is not safer by anyone, but if we obey the wise people, then we should keep our money in more and more government bank because if Suppose there is a fraud then at least the responsibility of the government to get our money back, but if the the same money is seized by a private bank or as you have read about yes bank, then there can be some problem with it, so it is beneficial in the government bank that if the money is fraud by someone then our money will not go anywhere, that government has the responsibility to return the money, so thank you for reading our blog.