Banks = Forced Service Tax System

💰 **India’s Banking System = Forced Tax Machine** 💰

* 🏦 Banks were **originally designed for foreign benefit**, not citizens.

* 📜 All banking laws, rules, and Apex institutions (RBI, State Apex Banks, Co-operative Banks, NABARD for agriculture, SIDBI for industry, NHB for housing, etc.) are **structured to favor foreign/elite interests**, not people.

* ⚠️ **State Apex Banks** were meant to have **state-level currency and credit powers** to support local development — today they **remain powerless**, with no real currency rights.

* ⚠️ Politics & religion captured these institutions → they **never had self-currency powers** to function independently for citizens.

* 💳 For small savers and pensioners: access fees, data charges, minimum balance penalties **eat 50% of a ₹1,600 monthly pension**.

* 👥 Both depositors and borrowers **lose**, while banks gain guaranteed profit with no risk.

* 📉 Charges are **not counted in CPI or inflation**, hiding the real burden.

* 🛑 Outcome: Banking system works as a **parallel tax machine**, not a public utility, and **cannot truly serve India** as designed.