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INR 990 crore deducted from farmers’ accounts nationwide without notice

Money deposited in a bank account is generally considered safe. Holders of State Bank of India-issued Kisan Credit Cards (KCCs) have apparently been charged INR 990 each for provision of weather information. Nationwide, one crore one lakh KCC-possessing farmers are seeing deductions totaling INR 990 crore, including INR 60 crore from the accounts of 6 […]

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Politics & Political Commentary

HDFC Bank: Pawn your wife’s gold now — No documents needed!  9th October, 2016: A lot of HDFC Bank customers are having a bad experience. Some are even having nightmarish experiences… and it’s all thanks to the fine art of glibly selling them financial instruments and other stuff they don’t need. One friend who wrote […]

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Knowledge

HDFC Bank: Abuse of Customer Trust & Fiduciary Relationship

 October, 2016: Imagine you are having a gynaec examination. With his rubber-gloved fingers inside you, the gynaec starts a casual chat about why you should buy his home-grown brand of condoms and intimate products. Creepy? Yeah, well, but that’s how HDFC Bank and other private-sector banks work. Actually, HDFC Bank is like if your gynaec […]

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Religion and Phiosophy

Axis Bank’s Presses Panic Button Issues Threat Letter to RNA Exotica flat-buyers

Mumbai, 30th August, 2016: To recover its Rs 100 crore project loan to RNA Exotica before it becomes a bad debt like BOI’s loan and SBI’s loan, Axis Bank is pressing the panic-button and threatening flat-buyers to immediately pre-pay large amounts (like Rs 25-50 lakh), forgetting about slab-completion schedules. Axis Bank has recently written strangely worded letters to RNA’s […]

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Aadhaar
Corruption

Updated: The Genius of Nandan Nilekeni

Nandan Nilekeni, who is contesting from Bangalore, declared assets worth 7,700 crore rupees, making him the richest politician in India – at least officially, on paper. In his interview to NDTV, he described his rags to riches story and described some of his achievements including “My real wealth is however my experience as cofounder of […]

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