In modern times, banks can safely be termed as SAHUKARS and Doctors can be safely called Decoits. The only difference is that in old days SAHUKARS used to say that it is their business to extract maximum money from borrowers and Decoits used to say that they are looting people but now banks say they are helping the customers but in reality they are interested in maximizing the return from customers similarly, doctors are not at all interested in curing their patients but they try to extract as much money as possible from patients ever if they have to make him more ill .
Re: Modern times
by sanjay kumar on Feb 17, 2010 12:44 PM
Dr. are really big chor nowdays, once you will be there your whole budget for the month will get unbalance. There should be some policy if Dr. couldn't able to cure 50% fees refundable
Re: Modern times
by sanjay kumar on Feb 17, 2010 12:44 PM
Dr. are really big chor nowdays, once you will be there your whole budget for the month will get unbalance. There should be some policy if Dr. couldn't able to cure 50% fees refundable
In modern times, banks can safely be termed as SAHUKARS and Doctors can be safely called Decoits. The only difference is that in old days SAHUKARS used to say that it is their business to extract maximum money from borrowers and Decoits used to say that they are looting people but now banks say they are helping the customers but in reality they are interested in maximizing the return from customers similarly, doctors are not at all interested in curing their patients but they try to extract as much money as possible from patients ever if they have to make him more ill .
When private banks like ICICI were charging 13-14% your tight lipped (could be good theme for favicol advt.) but when banks like SBI started pioneering lower interest rates you started seeing red which shows that you are hand in glove with pvt. banks.Your objection of repaying ability is it true, then you should have raised similar concern when rates were at peak at 14% which were initially lent at 7%.
Re: RBI whats your role?
by Narayana Reddy on Feb 17, 2010 12:05 PM
SBI Hyderabad is knaown as Stupid Bank of India as they misplace processed applications and No one is there to Help customers like me waiting for release of first instalment for the past 14 months
What RBI should have done 18 months back is doing now. When so m uch has been written on this site about ICICI bank , HDFC and some other banks - no one took notice of the same. It defies all logic to know that the new customers will get HL with interest rate of 8.5% and the existing customer who once started with 8.5% will have to pay 13.5% -14.5% interest. Instead of RBI calling for comments it should have directly issued FIAT asking banks to lower the interest rate and also refund the excess amount collected. On top of this HDFC and icici charge huge amounts to reduce the interest rate by 1% or 2% - This can be compared to the MAMOOL/HAFTA collected by Bandits and Police from shops and public for letting people continue their business. Its high time RBI comes down heavily on these banks and FIs.
Re: homeloan rates
by Almighty on Feb 17, 2010 08:39 AM
who asked you to continue with banks, as for 1-2% charge , its for temporary relief....as soon as interest rate go up you still end up paying more interest...."I've shown an alternative below....either use it to lower ur interest rate or keep paying higher rate for many more years.
until now they had BPRL , and they could increase it at will to increase interest rate to customers.
Now RBI consults with same cr00ked banks and comes up with...."base rate" ....and kamat(ICICI)....the big cr00k is extremely exited...u know why ?
He knows there will be no change or restriction in their ability to fleece customers with impunity....because there is only a base rate and as per RBI m0r0ns, banks cannot offer below this rate but....they can charge as high interest as their greed allows them to ...nice way to continue to ripoff Dumb customers.
3 yr before if a property has 1000 psqf, nw it is 3500 osqf Reason? India shining,Economy booming & all amentities nearby (near by means 4 KM and expecting metro passing through in 10 yrs)
NRIs, filmstars,businessmen all putting their blackmoney in this segment..u knw they are purchasing land in emerging states... See Bglr,Pune If u own a car, u win, otherwise just sit in home & watch TV ..No enjoyment...No single screen only multiplex hving 350Rs per person
Re: Form a Union
by Almighty on Feb 17, 2010 01:19 AM
they will collectively pay politicians to bring law to throw everyone who defaults in jail...besides taking back the property.
