sir why it is said that only gundas are doing this work.So many qualified people are working in line of collections.They not only get training from BANK(ICICI etc) ;but also are regulated through certain regulations/principles which thay follow during field.On contrary wilfull people/defaulter with such a huge media support now takes stand that they will make false complaint about the behaviour of recovery executive ;hence he should not visit/remind about due payment.Economy with such a huge NPAs will suffer and hence simoultaneously media should also support BANKS by publishing /bringing /upfronting willful defaulters who has taken loan and now do not wish to repay.Remember this is a public deposit money henceforth should be safeguard at any cost.However I do support strict action against agents who unnecessary harrase borrower without giving them proper chance to repay.But once it is proved that borrower wants to eatup the loan ;he should be parallely penalised/punished.
RE:WILLFUL DEFAULTERS SHOULD NOT GET MEDIA SHULTER
by shatadip som on Oct 15, 2007 05:29 PM Permalink
The banks should do proper background checks before giving loans.
They bug people for taking loans, saying "sir there are easy installments options" and bore them ultil they do not take the loan.
A person should be given a loan only if he is interested and it is the customer who should approach the bank, not vice versa!!
Then they make life difficult for him and some of them even commit suicide!!
