RE:Few things EXPERTS won't tell you.
by Sage on Jul 19, 2007 02:15 PM Permalink
dude read the headline it says "4 things your relationship manager won't tell you" writer is trying to make u aware of certain points of which RM can take advantage and fool u and you might loose money. so he is just trying to help by making u aware -honestly ;)
RE:Few things EXPERTS won't tell you.
by Parveen Kalia on Jul 20, 2007 10:27 AM Permalink
I agree with you. Its important that such articles are published. Then only we can know how these so called RMs can cheat us and can take away our hard earned money.
Thank you very much for an excellent article.As for the detractors ,I feel most of them are "relationship managers" themselves.The highlights of the article are 1.what she says is the TRUTH 2.she has avoided financial mumbo jumbo and has put it in an easy to understand manner.
I certainly agree to this article........ But again who takes responsibility for the current state of the banking system.
Its my money........ whatever way i want to use is is damned well my business......... Why should i hell pay a charge for withdrawing my money......... Any rationale for this other than letting tax inspectors make money while we small guys are getting duped......
RE:Tattered Relationships
by P Baid on Jul 19, 2007 12:46 PM Permalink
deposit your money u need a pan card.......... WTF!!! put your money and u need to pay the government......... why not tax somnath chaterjee.......... what say you guys...........
The Banks have entered into impersonalised service arena. The machines are functioning and not the persons. Any fraud committed within, no one wants to take a responsible step to attend to the problem. Individual's non-commitment is their shield of safety.Let the customer legally get back his money is the attitude. Non-related persons of the Banks solicit investments!
Its not about agents/RMs making profits, but the way they try to achieve that. For example, agents who sell ULIPs will never tell you the 40-70% charge on the premium in the first year, if the investor is not aware of it.
It is true they simply try to take advantage of the people who are less knowledgeable in finance gimmicks than serving their customers honestly which could be a long term benefit to the bank.
