Does anybody know what legal recourse is there if the payment on corporate credit card is not made by the company. What right have credit card companies have to upset my CIBIL score as the card was not issued on my credentials.
Re: super
by M on Aug 22, 2014 06:31 PM
All banks are reckless in this issue; All they interested in is selling CC and making profits; ALL_BANKS are alike in this issue;
This is ridiculous. The CEO is not a part of the crime. May be, civil liability is on the bank and so the CEO being the head is required to address the complaint. But to haul her in a criminal court is an abuse of criminal laws. It is certainly an overreach. These incidents rise to such ridiculous levels because people at lower levels in banks are unresponsive to complaints and make customers run from pillar to post.
Re: FIR against Chanda Kochhar
by amit arora on Aug 22, 2014 06:27 PM
Absolutely agree Kanu. Nobody will ever understand what wrong was done at the part of the end user. He must have surely misused it or does not know how to use it. Partial knowledge is always dangerous. It is driving car without a license and then blaming the car company.
Re: FIR against Chanda Kochhar
by Guru on Aug 22, 2014 07:14 PM
Unresponsive lower levels are the responsibility of the higher levels. Higher levels make hay when the lower levels do things correctly. So when they don't do it correctly, better be ready to face the blame.
Well the Banks are not left far behind in the credit card fraud. They are also coming up and doing their best to take part in the fraud and establish a crime record for themselves. Last time I was defrauded by Make My Trip as I wanted to cancel my ticket where the journey was not undertaken. The website credited the money to a fictitious account and proved that they have paid me back. This is how things work and you have to live with it.
I Think its due to Credit Card Cloning, He used his card at some business establishment, who have made a clone card. It has got very common now a days, Beware Never use your credit card in small shops or small restaurants etc..
This bank is nothing else than cheaters of first order. Good that the CEO is summoned. She represents women power. Agree but she stands in the same league as her employer bank.
