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Exchange of customer details by banks?

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Hello,

These days, personal data seems to be unsafe with the banks. When you have earned any particular amount from your investment, by the way of dividend or anything else, and even before you are aware of it, some bank person claiming to bank official will call and ask to investment in their financial product. Question is how do they even know about our personal transaction?

Recently, one private dealer in rights renunciation form, had sent letter telling people to sell their right renunciation of one particular bank.

How these private dealers are get hold of the personal details of the bank’s customers?

Share your experiences.

 

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