This https://timesofindia.indiatimes.com/city/delhi/bank-relationship-manager-siphons-off-rs-1-5-crore-from-elderly-couples-a/c/articleshow/65737555.cms news headline bank relationship manager siphons off Rs 1.5 crore from elderly couple’s account ” recently drew my attention to share my personal experience where-in our “Relationship Manager” (RM) tried to dupe our family and the lessons we learnt from this episode. Background My Mother-in-law is in the 80s and she stays close to our place. She has a savings account with a private sector bank and owing to the substantial savings she and my father in law had preserved, they assigned her a ‘Relationship Manager’ (RM). Fortunately for us, she is very vigilant. In April this year, she got a message that a Recurring Deposit (RD) of Rs 1,000 has been started in her account. She again got a similar message in May 2018 where-in she was informed that another Rs 1,000 RD has been debited from her account. She was...