NRI accuses pvt bank, insurance firm of fraud

Tuesday, 12/08/2014

http://epaper.dailypostindia.com/Details.aspx?id=112871&boxid=59320&uid=&dat=2014-08-12

Chandigarh: An NRI has filed a complaint with Punjab State Commission for NRIs here, accusing a private bank of putting his money into insurance policies instead of keeping it as fixed deposits.

Partap Singh Mann, a resident of Germany, in his complaint, alleged that the private bank’s branch here issued him five insurance policies of a private company amounting to Rs 90 lakh rather than investing the money in to fixed deposits as requested by him, said an official release issued by the NRI Commission.

NRI came to know about it when private insurance company threatened him to forfeit his money for non-payment of insurance installments, it said. Then Mann lodged a complaint with the Punjab State Commission for NRIs which then issued a notice to bank and insurance company.

Thereafter, the private insurance company and bank agreed to refund the amount to complainant by arriving at a settlement with the complainant, it said, adding, insurance company agreed to refund the Rs 90 lakh to the complainant within 30 days of the order

Punjab Politics News

Punjab General News

RANA GURJIT SINGH INAUGURATES MARKFED SALES BOOTH AT LOHIAN

Thursday, 01/08/2019

https://www.brightpunjabexpress.com/index.php/2019/07/31/rana-gurjit-singh-inaugurates-markfed-sales-booth-at-lohian/

Jalandhar : In a major step to boost the rural economy besides providing employment to youth in villages, MARKFED has launched a sale booth in Lohian, which would, provides more than 100 eatable items.

 

NRI NEWS

Indian-Americans urge Trump to ‘fully support’ India on Kashmir

Sunday, 04/08/2019

https://www.tribuneindia.com/news/diaspora/indian-americans-urge-trump-to-fully-support-india-on-kashmir/813832.html

Washington : The Indian-American community in the US has urged the Trump administration to “fully support” India’s decision to revoke the constitutional provision that accorded special status to Jammu and Kashmir and to continue to exert pressure on Pakistan to end its support to cross-border terrorism.