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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (5001)7/8/1999 2:40:00 PM
From: sea_biscuit  Respond to of 12475
 
While welcoming the launch of the card, Pannir Selvam cautioned that many banks were faced with overdues on card payments ...

I have heard of one bank in India that "solves" this "problem" -- by staffing its Public Relations department with "goondas"! Since the court system is clogged and cases never get resolved in glorious India, i.e. Bhaarat, "out of court settlements" like sending a bunch of goondas after the customer is the only way out.

And if they caught hold of a "Pannir Selvam" and beat him up, when they were actually supposed to be looking for a "Panneer Selvam" -- well, tough luck! That is a small price that one has to pay for living in India, i.e. Bhaarat, the land of milk and honey! ;-)