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Dear Mr Parag, and Sandeep, when sm Recovery agent comes to ur home and says indecent things abt ur mom and wife, wud u be staring at him. This is democracy and not goondaraj. SBI always has acted as the modern day Shylock, making sure they eat a pound of flesh from their customers. When you dont know whether a customer is gonna pay or not why give them loans. Then increase Interest rates and start torturing them.
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| Vinod Tawde (Posted: Mar 11, 2011) |
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Strict action must be taken against the bank manager for for sending recovery agents to the defaulters house. Secondly he needs to be severely penalized for falsely claiming that the recovery agents went only to stick a notice and were not involved in the robbery. Legal proceedings needs to be initiated not only against the manager and the recovery agents but also against the bank's chairman and other officials involved for harrassment caused to the defaulter. In no circumstances in the defaulter to be blamed if the bank approved a loan without checking the repayment capabilty
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| Adarsh Hoizal (Posted: Jul 17, 2008) |
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Investor confidence will go down if we encourage such false FIRs against banks. All this is happening because of the hype created by media over recovery agents. Now defaulters are dictating the terms.
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| sandeep (Posted: Jan 14, 2008) |
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This is what happens when defaulters get positive publicity and Guardians of Public money, and tools of recovery are branded as Terrorrist. People's hard earned saving will go down the drain in One year and defaulters will have merry go Round.
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| Parag SHAH (Posted: Jan 12, 2008) |
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Defaulter taking full advantage of hype created against the bankers....
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| VJ (Posted: Jan 12, 2008) |
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