Punjab National Bank issuing repeated auction notice to widow of an army personnel illegally while Modi government is well wisher of Army

Grievance Status for registration number : DEABD/E/2023/0063761

Grievance Concerns To

Name Of Complainant

Smt Rajesh Sharma

Date of Receipt


Received By Ministry/Department

Financial Services (Banking Division)

Grievance Description

Financial Services (Banking Division) >> Misbehaviour/Harrassment/Corruption by Bank Staff

Bank/Financial Institute : Reserve Bank of India

Branch / Name of Bank and Branch : Circle office Bulandshahr of Punjab National Bank

Right to reason is the indispensable part of the sound administrative system and here who is the appellate authority and what is the reason to concur with the decision of the subordinate officer was not revealed the following appeal of the appellant and the final reply document in following is not opening on the PG portal. No one can be made accountable for its acts if such cryptic dealings will take place on the public grievance portal of the Government of India. At least there must be name and post of the appellate authority who disposed of the appeal made by the appellant. Provision of SARFAESI act 2002 was brought up by the Government of India to safeguard the interest of secured creditors and genuine borrowers but because of corruption in the financial institutions things are occurring just opposite to it. Here matter concerns the blatant abuse of the provisions of SARFAESI act 2002 which requires an inquiry into the matter by a team of honest personnel of the government. Here core issue is the procrastination and corruption in the renewal of the cash credit account of the applicant. The agency was closed for 2 years which made the applicant financially handicapped in spite of this the applicant fulfilled entire demands of the concerned bank personnel but they must think that this is process of the renewal and not they are providing loan again so how can the applicant fulfil their big demands? They should think that this is a great achievement of the applicant that loan amount from Rs.67,00,000 to to 43,00,000 rupees. This proves the good faith of the borrower which must be taken into account. Think about the big defaulters of the bank who never intended to pay the principal amount of the money of the bank and now living abroad and bank failed to secure its money by using SARFAESI act 2002 because the corrupt staff of the bank colluded with them.

Appeal Details, Appeal Number-DEABD/E/A/23/0018893

Name-Smt Rajesh Sharma, Appeal Received Date-04/09/2023

Grievance Document

Current Status

Under process   

Date of Action


Officer Concerns To

Officer Name

Ms Betsy Rajagopal (General Manager)

Organisation name

Reserve Bank of India

Contact Address

Consumer Education and Protection Dept., Amar Building, 1st Floor, Sir P.M. Road, Fort, Mumbai

Email Address


Contact Number


Reminder(s) / Clarification(s)

Reminder Date



Appeal Status

Appeal Closed (On 08/09/2023)

Closing Remarks

We concur the reply given by the competent authority as attached in reply of grievance.

Reason Of Appeal

An enquiry under Article 51 A of the constitution of India regarding corrupt dealings of Bank. 1-Can you auction the house of the applicant if there may be a balance of Rs.50 in C.C. Account of the applicant by misusing provisions of SARFAESI Act 2002? 2-After O.T.S., you did the renewal temporarily and the applicant submitted a renewal application. According to rule, you had to pursue the procedure of law to make the loan N.P.A. but you have not followed but making mockery of provisions of SARFAESI Act 2002? 3 and 4-As one time settlement was fulfilled by the applicant. 5-In 2017, bank granted C.C. Loan on the same stock and in renewal application they are questioning stock. Whether the integrity of Bank staff is not under cloud? Whether it is not corruption? 6-The stock statement submitted by the applicant is of Rs.7025416 obvious from the report of the chartered accountant dated 20 Oct 2022. To curb the process of renewal is the part of cryptic and mysterious dealings of the corrupt staff of the Punjab National Bank To curb the process of renewal is the part of cryptic and mysterious dealings of the corrupt staff of the Punjab National Bank, obvious from their incredible dealings in the matter. Undoubtedly it is too surprising that the same stock was sufficient stock in the year 2017 when the cash credit loan was sanctioned by the bank staff and now when the renewal application was submitted then this stock has been insufficient stock. This implies that for the sufficient stock, sympathy of the bank staff is must and to garner their sympathy everyone knows what the applicant should do? No doubt the applicant is a credible customer of the bank and no loss to the bank because of the applicant but the bank staff because of corruption harassing a vulnerable lady.


This is a humble request of the widow of an army personnel to order an enquiry into the matter of deep-rooted corruption so that rights of a woman may be safeguarded, and her exploitation may stop.

Beerbhadra Singh

To write blogs and applications for the deprived sections who can not raise their voices to stop their human rights violations by corrupt bureaucrats and executives.

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