Very trueee!
( a little off topic )
Whenever this unfairness part comes into pic, it always reminds me of the same example that I saw on twitter more than a year ago.
There was this guy named Satyam Savla who had taken a Loan from Hdfc Bank for which the total EMI's were 108 in 2007. The EMI's were then increased to 122 ( due to BPLR concept ) and after his subsequent email in 2012; they were revised to 114.
114 was still 6 emi's more than what this Satyam guy had signed up for and he ended up paying ₹6.5 L more to the Bank than what he had committed.
This is despite after him writing emails to Aditya Puri ( then CEO of Hdfc Bank ) and to the Senior Management.
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I have seen
@sjmajumder cases; read through all the related threads he has posted on RBI BO till now. Banks like HSBC have literally played dirty.
Banks certainly follow one principle. That their ₹1 is more valuable than the customer's ₹ 10,00,000.
I believe the RBI maximum fine should at least go up till ₹20 L for mental harassment. What these Banks do and what they pay in comparison to the Harassment faced by the customer is literally pennies.
Disclaimer : The above pics were publicly available on twitter platform and I have pasted them from there. I do not know Mr Satyam personally. Information in my post is intended for informational and sharing purposes only. I do not endorse or validate any claims made here and assume no responsibility for the accuracy, completeness, or legality of the information posted. While certain information contained in this message is from sources that might be accurate, no warranty or representation is made as to its correctness, completeness or accuracy.