Quote:
Originally posted by I2Landed
For all those who moved back to India recently and are feeling happy about being back among their loved ones, here is what I have to say: Wait till the initial euphoria wears out! It won't be long before the pollution, indiscipline, corruption, filthy conditions, nepotism etc, and above all, the 'chalta hai' attitude starts bugging you. Yes, yes, I know Canada have some of these maladies too, but not to the sickening levels our country has it, and the way everybody lumps it!!
And for the information of those who feel that our banking system is robust and safe in general, and more so in PSU banks in particular, here are two news items reported in today's newspapers:
1. A data entry operator in State Bank of Travancore's Pathanamthitta (Kerala) branch has siphoned off more than Rs 1 crore of depositors' money over a period of four years. Yes, a data entry operator!
2. A Relationship Manager in Citi Bank's Gurgaon branch has siphoned off Rs 4.5 crores (yes, you heard it right - 4.5 crores!) of depositors' money in around one year's time!!
3. I personally know of a case where the Fixed Deposit Receipts issued by Vashi branch of a public sector bank turned out to be fake, and the bank blamed it on a clerk and disowned the responsibility!
In all the three cases, the customers are not likely to get their money back, since some disclaimer is apparently signed by all customers without even realizing it!
Happy New Year!
Do you know how many ID thefts are done every year in NA? It costs billions of dollars (Which of course is thousands of crores) and it is not a rocket science to stop it. It is the flaw in the system.
Location: Western Hemisphere
Posted on: 29-12-10 11:06:05
Quote:
Originally posted by KumarM
I lived in North America for 21 yrs, in different cities, in both countries. Never had any issues with banks or any id theft.
Banking system in India has improved a lot. I opened an a/c in a private bank last yr, visited only twice to deposit cheques. All transactions appear as SMS, I check the balance online. For the PSU bank, I have to go to the branch to get my passbook updated. Invariably there is no power supply/no backup generator or the printer is messed up. Most of the higher ups in PSU banks are old timers who are reluctant to change for the better. At least I don’t keep lakhs of Rs in a bank, only who are in business.
Well said. I have lived in NA since 1992 without any issues. Yes, I have lost credit cards, but never lost money since the customer service took care of it.
Also, I have had good experience with private banks in India and horrible experience at SBI when I was being added as legal heir and wanted to review the locker contents. This was in 2005.
As much as the attire might be irritating, unprofessional or amusing, I wouldn't put too much into it as religion is an integral part of the life in India...at least for a good number of people.
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Dimple2001
To survive in India you need three things "Connections Connections Connections" ....... My experience in Indian bank or any insitution is that if you have the "right connections" , you actual get to see the "well oiled"machine working !!!!!!
I was in India two years back and had some work in the bank. My first visit, i saw so many people in the line that i gave up the thought of handling the issue that day. The next day when i went i was excited as i saw no one in the bank .... only to be told that the "network"is down ...... so much for that. Finally had to resort to good old "connection" ..... so a friend of a friend made a call to someone and there i was sitting in the bank managers office sipping "chai"while my work was being done ..... of course with a long line of people standing !!!!!
To top it all when i was leaving from Delhi ..... there was a long line at the immigration counter .... once again "connection"made it possible to jump ... though this time someone did raise a voice ... only to be curtly told by the immigration officer ... "tuje jasna hai ke nahi" !!!!
This is one thing i love about Canada ..... i dont have to call anyone to get things done .... they work most of the time !!!!!!
Quote:
Originally posted by ashedfc
Just saying "how are you, & how is the weather" is not customer service. Its the speed at which they operate is also to be considered..
I know that.
All said and done I am fine with the banks here. The saffron robe, I dont have to look at him as I have stopped going there, though I still have the a/c. I will let my wife deal with that bank.
The brief chat with the Branch Mgrs, sipping coffee / tea at their cabin, chatting abt business, stock market, loans, real estate, cricket, Canada, etc is fine with me. I am not doing anything, I have time. They dont mind chatting. Life is ok.
Quote:
Originally posted by KumarM
All said and done I am fine with the banks here. The saffron robe, I dont have to look at him as I have stopped going there, though I still have the a/c. I will let my wife deal with that bank.
The brief chat with the Branch Mgrs, sipping coffee / tea at their cabin, chatting abt business, stock market, loans, real estate, cricket, Canada, etc is fine with me. I am not doing anything, I have time. They dont mind chatting. Life is ok.
Just remember W. H. Davies lines
"
WHAT is this life if, full of care,
We have no time to stand and stare?
"
Indian system indirectly stop you to stand and stare. If you think it positively you will love it.
Quote:
Originally posted by web2000
Happy New Year!
Do you know how many ID thefts are done every year in NA? It costs billions of dollars (Which of course is thousands of crores) and it is not a rocket science to stop it. It is the flaw in the system.
India does not have a unique identifier like SIN and credit bureaus where credit history can be checked though they are working on getting both. So it does not have identity theft in NA style but instead papers are forged and other frauds happen.
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