Housing Has becoming an illegal industry, where the black money is invested by the tax evaders to create the false scracity in the availability of the houses in order to again increase their rates for the actual house seekers who are again trapped by the Pvt Bankers for easy Home loans at higher than manifested rate of interest thus not only grabbing themselves the money from the bonafide seekers of the houses but also serve the evil design of black marketers. Thus, the BUILDING REGULATION ACT with sophisticated provisions as known to be on the anvil must enacted very soon.
Indian Private Bank owners are all mafias who made money through underworld activities . They were one time builders turned bankers , so they have the attitude of builders only - pay the EMI or break your bones
Re: Re: Most of Indian Pvt Bank Owners are Mafias
by Ullhas Sontake on Feb 16, 2010 05:43 PM
ICICI Bank is the best example... Do one thing take the loan and see what happens to you when you dont pay the EMI... Just Experience with ICICI
Re: Re: Re: Re: Most of Indian Pvt Bank Owners are Mafias
by Robin Thachil on Feb 20, 2010 10:25 PM
Correctly said...if u cant repay dont take loans or be prepared to get evicted from the property u bought with loan....
Re: Re: Re: Re: Most of Indian Pvt Bank Owners are Mafias
by Robin Thachil on Feb 20, 2010 10:24 PM
Correctly said...if u cant repay dont take loans or be prepared to get evicted from the property u bought with loan....
Re: Re: Re: Re: Most of Indian Pvt Bank Owners are Mafias
by Robin Thachil on Feb 20, 2010 10:24 PM
Correctly said...if u cant repay dont take loans or be prepared to get evicted from the property u bought with loan....
Re: Re: Re: Re: Most of Indian Pvt Bank Owners are Mafias
by Robin Thachil on Feb 20, 2010 10:23 PM
Correctly said...if u cant repay dont take loans or be prepared to get evicted from the property u bought with loan....
You have rightly concluded that RBI is doing nothing to rein in the pvt banks. The latest "base rate" (which took ages) will just be a nomenclature change. And dont expect anything from the politicians - they are hand in glove with the greedy bankers. Want proof - a few weeks before last general election, Mr Deepak Parekh head of HDFC wrote an article in Business Standard asking ppl to vote for Milind Deora's son (Mumbai seat) the reason being he knows him since he was a kid !! what a reason to vote for a candidate !! And the opponent was the more eligible and educated Meera Sanyal head of ABN Amro who had resigned to contest the election. In which other country will a bank chief openly seek vote for a party ? And you think the cong party will take any action which will hurt mr parekh;s empire !!
You have rightly concluded that RBI is doing nothing to rein in the pvt banks. The latest "base rate" (which took ages) will just be a nomenclature change. And dont expect anything from the politicians - they are hand in glove with the greedy bankers. Want proof - a few weeks before last general election, Mr Deepak Parekh head of HDFC wrote an article in Business Standard asking ppl to vote for Milind Deora's son (Mumbai seat) the reason being he knows him since he was a kid !! what a reason to vote for a candidate !! And the opponent was the more eligible and educated Meera Sanyal head of ABN Amro who had resigned to contest the election. In which other country will a bank chief openly seek vote for a party ? And you think the cong party will take any action which will hurt mr parekh;s empire !!
You have rightly concluded that RBI is doing nothing to rein in the pvt banks. The latest "base rate" (which took ages) will just be a nomenclature change. And dont expect anything from the politicians - they are hand in glove with the greedy bankers. Want proof - a few weeks before last general election, Mr Deepak Parekh head of HDFC wrote an article in Business Standard asking ppl to vote for Milind Deora's son (Mumbai seat) the reason being he knows him since he was a kid !! what a reason to vote for a candidate !! And the opponent was the more eligible and educated Meera Sanyal head of ABN Amro who had resigned to contest the election. In which other country will a bank chief openly seek vote for a party ? And you think the cong party will take any action which will hurt mr parekh;s empire !!
