My grammar is 💯 good I
7296 Points
Joined March 2019
No bank shall open current accounts for customers who have availed credit facilities in the form of cash credit (CC)/ overdraft (OD) from the banking system and all transactions shall be routed through the CC/OD account.
Sry to hear that. Banking systems did not improve yet. The name cannot be such a big issue RBI is protecting itself from further fraud like they incurred previously amounting to 4000 crores.
this is called hoowinking according to this article: https://www.livemint.com/industry/banking/banks-will-not-open-current-accounts-for-those-with-cash-credit-overdraft-H T M L