This Article is about the Fraud that is happening in the State Bank of India. SBI opens branches in rural areas to get poor customers, who don't follow rules because they are not educated enough to do it. Then it takes advantage of this loophole to get deposits from big fraudsters, who deposit money in millions and billions of dollars, without any rule being followed. Tax evasion, illegal money hoarding, and depositing dirty money safely are some of the services SBI does to the scamsters. Introduction A permanent account number (PAN) is a ten-character alphanumeric identifier Foundational ID, issued as a laminated "PAN card", by the Indian Income Tax Department. The primary purpose of the PAN is to bring a universal identification to all financial transactions and to prevent tax evasion by keeping track of monetary transactions, especially those of high-net-worth individuals who can impact the economy. Quoting the PAN is mandatory when filing Income Tax Returns, tax d...