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What happen to that dacoity case against this gentleman Mr Kamath
by Jayendra Nath Bandyopadhyay on Apr 02, 2007 03:25 PM   Permalink | Hide replies

2-3 days back there was news that police has brought Dacoity charge (regarding some car loan) against this man. What happen to that case? We have not got any further information. Instead, we are getting some big big words from that same gentleman in Rediff. Shame on our media!!

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  RE:What happen to that dacoity case against this gentleman Mr Kamath
by kalyan chatrathi on Apr 02, 2007 03:30 PM   Permalink
mr jayendra: yes there was charges filed in a local court but the entire excercise of pulling in Mr. Kamath is for pulicity

Unless you can prove in court that Mr. Kamath picked up the phone and order the seizure or wrote the instructions on a piece of paper., the charges are going to be dismissed

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by gudumba shankar on Apr 02, 2007 04:09 PM   Permalink
Mr Krishna... How will u react if I take some money frm U and dont repay. Will U smile and say just leave it? If u do so, its ur kindness. If U r doing business thru it, Then?? Somehow U'll try to get back what U have given. Right??

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  RE:What happen to that dacoity case against this gentleman Mr Kamath
by gudumba shankar on Apr 02, 2007 04:06 PM   Permalink
All the banks does the same with their loans. Even SBI insists that the customer should take an insurance policy when opted for loan. This is done on the security side. Can U be more eloborate how ICICI Prudential is cheating small individuals?

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  RE:What happen to that dacoity case against this gentleman Mr Kamath
by Soumendu Bhattacharya on Apr 02, 2007 04:03 PM   Permalink
Dear MVS,
do u have any understanding of what MRTA is? rather in your language "selling insurance as a bundle of the housing loan"? this is mandatory and of course with due consent from RBI & IRDA. You take a housing loan and you die before repay the full loan,then who the hell will repay? your widow or your kids OR the bank should take re-possession, so that your widow & kids lands in footpath?
And for your kind info, ICICI Prudential is still the no;1 private insurer, no:2 in whole.
Learn your basics first before you comment

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The above message is part of the Discussion Board:
K V Kamath on real estate bubble