MAHESH (INTERNAL AUDITOR) (150 Points)
09 December 2009I REQUEST TO ALL RESPECTED CITIZENS TO NOT TO GO TO PRIVATE BANKS AND PRIVATE FINANCE COMPANIES FOR ANY KINDS OF NEEDS BECAUSE PRIVATE BANKS AND PRIVATE FINANCE COMPANIES CHARGE VERY HIGH INTEREST RATES AND THIS GOES TO ONLY FEW PEOPLE
ALL SHOULD GO TO NATIONALISED BANKS FOR ANY KINDS OF LOANS AND ACCOUNTS OPENING SO THAT ALL SERVICES CAN BE AVAILED AT LESSER CHARGES AND GOVERNMENT CAN GET BENEFIT FROM IT...
Raju
(Officer)
(40 Points)
Replied 09 December 2009
i agree with you mathew, thanks for showing concern
umesh kapoor
(manager)
(37 Points)
Replied 09 December 2009
| Originally posted by :mathew | ||
| " | I REQUEST TO ALL RESPECTED CITIZENS TO NOT TO GO TO PRIVATE BANKS AND PRIVATE FINANCE COMPANIES FOR ANY KINDS OF NEEDS BECAUSE PRIVATE BANKS AND PRIVATE FINANCE COMPANIES CHARGE VERY HIGH INTEREST RATES AND THIS GOES TO ONLY FEW PEOPLE ALL SHOULD GO TO NATIONALISED BANKS FOR ANY KINDS OF LOANS AND ACCOUNTS OPENING SO THAT ALL SERVICES CAN BE AVAILED AT LESSER CHARGES AND GOVERNMENT CAN GET BENEFIT FROM IT... |
" |
Amol Gopal Kabra (CA,CS,DISA)
(Practicing CA)
(8539 Points)
Replied 10 December 2009
I dont agree to it.. Except a few branches of nationalised banks, no branch is able to serve better to the bank holders. THe employees of nationalised banks are not even bothered to serve well. As against this, the private banks provide world class services. And thers is not much difference in the rates of interest. I agree that the service charges they charge are very high.. but in my opinion only those charges that are charged for default by the account holder are charged high.. like cheque bouncing, non-maintenance of minimum balance, etc.. but atleast this makes us keen about not violating the rules..
My bottom line is that private banks always serve better than the public sector banks.. I even have experience from few public sector bank's branches that serve in lines with the private banks, but at large public sector banks are not capable to serve better..
MAHESH
(INTERNAL AUDITOR)
(150 Points)
Replied 11 December 2009
i donot agree with amol gopa kabra nationalised will be no 1 and private banks if go in liquidation who will pay deposits money to public in usa 94 private banks closed then will mr kabra will pay to all deposits money to public ???/
Amol Gopal Kabra (CA,CS,DISA)
(Practicing CA)
(8539 Points)
Replied 11 December 2009
Why should i pay the deposits to the public if the bank goes bankrupt. If you are so worried about the public deposits, go and take action against all the co-operative sector banks and go and close all the banks. Question here is not who is going to pay back public deposits. If you look at the results of the private banks, they are far better than the public banks and also their operational efficiency is far better than those of public sector banks. Dont companre things with what happened in US. The facts in India and US are totally different. I would like to bring to your kind notice that in US public sector banks are in line with the private banks. They serve as better as the private banks. After the subprime crisis, even the public sector banks in US were badly affected. So, if there is a fall in economy, nothing is public and private. every body is going to be affected.
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 29 December 2009
in 2007,
i have a saving account in axis bank , sawasthya vihar, branch, new delhi-110092 and not any pre information the said bank deduct rs.750.00 from my account .
and when i not received any satisfied reply the manager asked to me"you can meet with us on court" the statement hearted me .
so i requested to all the mambers to stop n closed the account in privatisation bankers.
although i have not time , otherwise i was to able for complaint in RESERVE Bank of india.
RAMESH KUMAR
Rajaraman
(CA (Final) , (CIMA))
(23 Points)
Replied 15 March 2011
Hi Mathew,
No offences to your post.
For your information, all the deposits in banks are guaranteed by the GOI through the RBI. And further to add up, banks in India are very strictly PROHIBITED to invest even a SINGLE RUPEE in real estate or real estate related investments.
Indian Banking system is very healthy. The customers selecting the banks is their own choice but as Amol pointed out the service in the private banks are very good.
CAclubindia
