tag:blogger.com,1999:blog-4044402403356121793.post8442009059193012317..comments2024-03-04T00:11:31.047-08:00Comments on Important Banking News: Denial Of Loan Is Crime ?Danendra Jainhttp://www.blogger.com/profile/06877409854811449220noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4044402403356121793.post-32586013674904605502015-10-17T05:37:21.328-07:002015-10-17T05:37:21.328-07:00$$$ LOAN OFFER WITH 3% INTEREST RATE CONTACT US TO...$$$ LOAN OFFER WITH 3% INTEREST RATE CONTACT US TODAY $$$.<br />Have you been searching for a legit and a genuine Loan lender? Are you in need of a Loan to pay off your Bills and start up your own business? Here is a place were you can get Fast and Easy Loan with 3% interest rate without any delay, apply today and contact us via email below for more details and get funded asap on any amount you need as Loan.<br /><br />Application For loan.<br />First Name:<br />Last Name:<br />Date Of Birth:<br />Address:<br />Sex:<br />Phone No:<br />City:<br />Zip Code:<br />State:<br />Country:<br />Nationality:<br />Occupation:<br />Monthly Income:<br />Amount Needed:<br />Duration:<br />Purpose of the loan:<br />E-mail address:<br /><br />Email: henski.john46@gmail.comAnonymoushttps://www.blogger.com/profile/08863064206027172387noreply@blogger.comtag:blogger.com,1999:blog-4044402403356121793.post-1278096463028253242015-08-18T01:14:57.096-07:002015-08-18T01:14:57.096-07:00Thank you for the useful information you have shar...Thank you for the useful information you have shared above.It is worthy to me.Now if you want to know about the <a href="http://www.easyloansindia.com/Personal-loan-interest-rates-in-india.php" rel="nofollow"><b>Personal Loan Interest Rates in India</b></a> so get the information regarding with the loans, then get all the details on EASYLOANSINDIA. And all the information related to other loans also.<br />Anonymoushttps://www.blogger.com/profile/14241396971168804127noreply@blogger.comtag:blogger.com,1999:blog-4044402403356121793.post-27595407978257438372015-07-28T03:10:49.331-07:002015-07-28T03:10:49.331-07:00It is ridiculous to file F.I.R.s against Bank offi...It is ridiculous to file F.I.R.s against Bank officials for not sanctioning loans to farmers. If the official sanctions the loan & it turns NPA (which it does in most cases), he is punished by the Management, if he does not, he is punished by the politician! The official feels caged in from all sides. There are only 2 ways for him out of this - become corrupt or resign. The spate of VRS applications in PSBs are a direct result of this malaise. <br /><br />If the Government wants PSBs to sanction loans to farmers (I have full sympathy for them), why does it not stand as 100% guarantor of these loans? This is a more positive way of dealing with the situation than doling out compensation after the farmer commits suicide. The official is an employee. It is his duty to follow rules - "the loan will be sanctioned at the discretion of the sanctioning authority". Let the Management change this rule to - " the sanctioning authority is duty bound to sanction every loan application made by a farmer & shall not be held responsible if it turns NPA". We will gladly sanction all of them!<br /><br />Politicians have been milking PSBs for political gains since their nationalisation in 1969, which was itself a political stroke by the then PM for personal political gains. They brought in various Govt. sponsored schemes with upto 50% subsidy, which benefited their own rank & file & was a means of earning 'supplemental income' for the Govt. officials handling these schemes. Most of these loans turned NPA. In fact the borrowers were surprised when Bankers went for recovery. The borrowers had been told by the politicians that this money was being given to them by the Government as a dole out. No mention was made of this being a loan meant to be repaid, for buying sewing machines, auto rickshaws etc. as a means of earning a livelihood. So the sewing machines were given away as dowry to their daughters!<br /><br />Having worked in Credit Deptt. and Asset Recovery Deptt. at administrative offices of a leading PSB, I have personally experienced big Corporate houses, stock brokers & the like being sanctioned Compromise settlements for settlement of their dues on ridiculous terms, even when there was ample security with the Bank from which full dues were recoverable. It is true that there is one set of banking rule for those at the TOP and another for the remaining officials. The officials are always made scapegoats and face departmental enquiries/dismissals/ CBI cases etc.<br /><br />As for the office bearers of Bank Unions, the less said the better. They cushion themselves at safe postings in inconsequential Deptts. at Regional offices or H.O. They sold their souls a long time ago. The latest wage settlement is a case in point. Have you ever heard of a wage settlement wherein pensions are reduced ?<br /><br />So Mr. Devendra Fadnavis, proud as we are of having a PhD in Law as our Chief Minister and appreciate your concern for the farmer, we request you to also spare a thought for the middle class Bank official with family responsibilities, who is only doing his duty within the cordon of Bank's rules.preetahttps://www.blogger.com/profile/18423049995290715258noreply@blogger.comtag:blogger.com,1999:blog-4044402403356121793.post-44941039390841443612015-07-28T03:08:13.388-07:002015-07-28T03:08:13.388-07:00It is ridiculous to file F.I.R.s against Bank offi...It is ridiculous to file F.I.R.s against Bank officials for not sanctioning loans to farmers. If the official sanctions the loan & it turns NPA (which it does in most cases), he is punished by the Management, if he does not, he is punished by the politician! The official feels caged in from all sides. There are only 2 ways for him out of this - become corrupt or resign. The spate of VRS applications in PSBs are a direct result of this malaise. <br /><br />If the Government wants PSBs to sanction loans to farmers (I have full sympathy for them), why does it not stand as 100% guarantor of these loans? This is a more positive way of dealing with the situation than doling out compensation after the farmer commits suicide. The official is an employee. It is his duty to follow rules - "the loan will be sanctioned at the discretion of the sanctioning authority". Let the Management change this rule to - " the sanctioning authority is duty bound to sanction every loan application made by a farmer & shall not be held responsible if it turns NPA". We will gladly sanction all of them!<br /><br />Politicians have been milking PSBs for political gains since their nationalisation in 1969, which was itself a political stroke by the then PM for personal political gains. They brought in various Govt. sponsored schemes with upto 50% subsidy, which benefited their own rank & file & was a means of earning 'supplemental income' for the Govt. officials handling these schemes. Most of these loans turned NPA. In fact the borrowers were surprised when Bankers went for recovery. The borrowers had been told by the politicians that this money was being given to them by the Government as a dole out. No mention was made of this being a loan meant to be repaid, for buying sewing machines, auto rickshaws etc. as a means of earning a livelihood. So the sewing machines were given away as dowry to their daughters!<br /><br />Having worked in Credit Deptt. and Asset Recovery Deptt. at administrative offices of a leading PSB, I have personally experienced big Corporate houses, stock brokers & the like being sanctioned Compromise settlements for settlement of their dues on ridiculous terms, even when there was ample security with the Bank from which full dues were recoverable. It is true that there is one set of banking rule for those at the TOP and another for the remaining officials. The officials are always made scapegoats and face departmental enquiries/dismissals/ CBI cases etc.<br /><br />As for the office bearers of Bank Unions, the less said the better. They cushion themselves at safe postings in inconsequential Deptts. at Regional offices or H.O. They sold their souls a long time ago. The latest wage settlement is a case in point. Have you ever heard of a wage settlement wherein pensions are reduced ?<br /><br />So Mr. Devendra Fadnavis, proud as we are of having a PhD in Law as our Chief Minister and appreciate your concern for the farmer, we request you to also spare a thought for the middle class Bank official with family responsibilities, who is only doing his duty within the cordon of Bank's rules.preetahttps://www.blogger.com/profile/18423049995290715258noreply@blogger.com