Monday, December 27, 2010
[India_Vision_2020] Documentations of dark days of Indian emergency - lost and regained
Wednesday, December 22, 2010
Re: [India_Vision_2020] India Vision Group and ELTF honours Indian Bank and State Bank of India for edu loan
Dear all Congratulations to the entire team Good work! These banks can be the role models for the other banks. Congratulations to both these banks for being hallmark in designing the career of the children by facilitating the education loan. Cheers Shaifali Veda PR & Communications Tenet group. IITM, Chennai. ------------------------------------------------------------------------------------------------------------------------------- Being happy doesn't mean that everything is perfect. It means that you've decided to look beyond the imperfections. Master this and you've mastered you. Life is a constant adjustment of your mental and emotional sails. Life, like the wind is always changing. That's a given. How ...you adjust the sails is a choice though challenging at times. Keep adjusting --- On Wed, 22/12/10, Education Loan Task Force ELTF <action2020eltf@gmail.com> wrote:
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Re: [India_Vision_2020] India Vision Group and ELTF honours Indian Bank and State Bank of India for edu loan
This is excellent. Full marks to the banks for taking up our complaints seriously and acting on time. People dont realise that they are dealing with childrens' lives here by acting lazy and bureaucratic. But if in that lot, we see some shine, surely we should praise them and recognise them.
Thanks and Regards,
Varun
DreamIndia
www.DreamIndia2020.org
The Life is short; the vanities of world are transient but they alone live who live for others;
The rest are more dead than alive - Swami Vivekananda
hi allWhen we formed Education Loan Task Force last year (ELTF) as part of India Vision Group, we had great challenges and many banks were not following the guidelines properly. There were many complaints. Our media friends also carried articles in their media about the education loan guidelines to create awareness.Many Public Sector Banks have been giving us lot of support and cooperation. Whenever, we brought to the notice of senior officials about the aberrations, many banks (excepting some) took up our complaints seriously and rectified the complaints.From our past one year experience, we have identified two banks for honouring during the 5th UnConference of Action 2020 scheduled on 23rd December 2010 at Chennai. They are State Bank of India, Chennai Circle and Indian Bank Head Office.Both the banks are the toppers in granting education loan both in India and in Tamilnadu. Whenever we made complaints to the CGM (State Bank of India) and Chairman of Indian Bank, they promptly responded and followed up with the students and the branches to sort out the problems. Whenever we reported that the guidelines were not followed, they took immediately remedial actions. At our request, both the banks issued circulars to their Regional offices on some of the common problems faced by the students.Though, ELTF does not expect 100% perfection of the branches in following the guidelines due to their large network and manpower, we expected the banks to be more responsive whenever we brought the problems to their notice. We are really happy that both the banks, took pro-active initiatives and handled every complaints in a professional way.ELTF takes pleasure in complimenting both the banks, particularly Mrs Cauvery (DGM of State Bank of India) and Mr Swaminathan (Chief Manager, Indian Bank Head Office and in charge of Education Loan) for their cooperation. Both these senior officials were coordinating with ELTF on behalf of their respective banks.As a token of our appreciation, on behalf of India Vision Group and ELTF. we will be inviting them to the 5th UnConference of Action 2020 and honour them on 23rd December 2010.Whenever, we find fault with them, we accuse them. At the same time, we should also not forget to appreciate and honour them, when they respond positively. This will motive them further to contribute more for the nation building. Hope our gesture will motivate other banks also to contribute more and more to the nation.On behalf of India Vision Group and ELTF, we congratulate State Bank of India and Indian Bnk for their contribution to the nation through education loan.SrinivasanModerator, India Vision GroupConvenor, Education Loan Task Force
[India_Vision_2020] India Vision Group and ELTF honours Indian Bank and State Bank of India for edu loan
The date of honouring SBI and Indian Bank is wrongly mentioned as 23rd December. Please read this as Sunday the 23rd January 2011. Sorry for the mistake.
Srinivasan
hi allWhen we formed Education Loan Task Force last year (ELTF) as part of India Vision Group, we had great challenges and many banks were not following the guidelines properly. There were many complaints. Our media friends also carried articles in their media about the education loan guidelines to create awareness.Many Public Sector Banks have been giving us lot of support and cooperation. Whenever, we brought to the notice of senior officials about the aberrations, many banks (excepting some) took up our complaints seriously and rectified the complaints.From our past one year experience, we have identified two banks for honouring during the 5th UnConference of Action 2020 scheduled on 23rd December 2010 at Chennai. They are State Bank of India, Chennai Circle and Indian Bank Head Office.Both the banks are the toppers in granting education loan both in India and in Tamilnadu. Whenever we made complaints to the CGM (State Bank of India) and Chairman of Indian Bank, they promptly responded and followed up with the students and the branches to sort out the problems. Whenever we reported that the guidelines were not followed, they took immediately remedial actions. At our request, both the banks issued circulars to their Regional offices on some of the common problems faced by the students.Though, ELTF does not expect 100% perfection of the branches in following the guidelines due to their large network and manpower, we expected the banks to be more responsive whenever we brought the problems to their notice. We are really happy that both the banks, took pro-active initiatives and handled every complaints in a professional way.ELTF takes pleasure in complimenting both the banks, particularly Mrs Cauvery (DGM of State Bank of India) and Mr Swaminathan (Chief Manager, Indian Bank Head Office and in charge of Education Loan) for their cooperation. Both these senior officials were coordinating with ELTF on behalf of their respective banks.As a token of our appreciation, on behalf of India Vision Group and ELTF. we will be inviting them to the 5th UnConference of Action 2020 and honour them on 23rd December 2010.Whenever, we find fault with them, we accuse them. At the same time, we should also not forget to appreciate and honour them, when they respond positively. This will motive them further to contribute more for the nation building. Hope our gesture will motivate other banks also to contribute more and more to the nation.On behalf of India Vision Group and ELTF, we congratulate State Bank of India and Indian Bnk for their contribution to the nation through education loan.SrinivasanModerator, India Vision GroupConvenor, Education Loan Task Force
[India_Vision_2020] India Vision Group and ELTF honours Indian Bank and State Bank of India for edu loan
Thursday, December 16, 2010
[India_Vision_2020] e-debate on "Post 1990: whether youth have gained or lost?"
Saturday, December 11, 2010
[India_Vision_2020] Invited for panel discussion (e-debate) - Dec 2010 issue of ezine
Sunday, December 5, 2010
Re:: [India_Vision_2020] Chennai High Court directs Banks not to reject edu loan on technical grounds
Dear Shri Srinivasan There is much talk about the High Court judgement. Most of the readers are quoting from the spirit of the judgement only. The text of the judgement or the actual case is that: "No due certificate from the father, even if known that he has taken a loan from another bank for a pure business purpose, should not be insisted for grant of an educational loan for such borrower's son/daughter." General principles of lending that banker's lien is a general lien and the banker's general norms of lending etc are all not the legal issues in this case. V Rajendran --- On Sat, 12/4/10, Krithika Chandrasekaran <krithi.1293@ymail.com> wrote:
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Saturday, December 4, 2010
Re:: [India_Vision_2020] Chennai High Court directs Banks not to reject edu loan on technical grounds
EDUCATION IS THE MOST IMPORTANT THING FOR ALL PEOPLE IN THIS WORLD:-). BUT DUE TO SOME POOR STATUS OF THEIR FAMILY THE PEOPLE WHO BORN IN OLD GENERATION WERE NOT GIVEN GOOD EDUCATION:-). BUT NOW THOSE GENERATION PEOPLE ARE TRYING TO GIVE GOOD EDUCATION TO THEIR CHILDREN:-). IN THAT TOO MANY POOR CHILDREN WHO HAVE GOOD KNOWLEDGE TO STUDY BECAUSE OF THEIR PARENTS LOW INCOME THEY COULD NOT ABLE TO TAKE THEIR HIGHER STUDIES:-). SO THE GOVERMENT HAVE TO TAKE STEPS TO THOSE PEOPLE:-). AND ONE MORE THING SEATS SH
http://www.yahoo.com
On Fri, 03 Dec 2010 08:10 IST Prime Point Srinivasan wrote:
>dear friends
>
>We have been time and taking up through Education Loan Task Force (ELTF)
>with the banks/RBI, the problems faced by highly brilliant, poor students.
> Yesterday, Chennai High Court has directed the banks not to reject the
>applications on flimsy grounds. The message may be circulated to the
>deserving students. Please read the story appeared in todays Times of
>India.
>
>Srinivasan
>Convenor
>Education Loan Task Force
>www.eltf.co.cc
>
>http://timesofindia.indiatimes.com/city/chennai/HC-warns-against-denying-edu-loans-on-minor-technical-grounds/articleshow/7032059.cms
>
>HC warns against denying edu loans on minor technical grounds
>
>Read more: HC warns against denying edu loans on minor technical grounds -
>The Times of India
>http://timesofindia.indiatimes.com/city/chennai/HC-warns-against-denying-edu-loans-on-minor-technical-grounds/articleshow/7032059.cms#ixzz170oBWU4V
>
>CHENNAI: Coming down heavily on banks for denying education loans to
>students on minor technical grounds, the Madras high court has said that
>educated youth are the building blocks of the nation. The court also
>directed the chairmen of nationalised and commercial banks to instruct their
>managers to process education loan applications "sympathetically".
>
>Justice R Sudhakar, passing orders on the writ pleas of twin sisters G
>Dhivya and G Preethi, observed: "Education loan should not be denied on
>hyper-technicalities... Bank managers should not develop retrograde
>attitude... They have to promote the cause of education, which will empower
>youth of our nation."
>
>The sisters had approached the high court after the Sengundram branch of the
>Canara Bank in Vellore district refused to sanction an education loan to
>help them pursue an engineering course at Veltech Hi-tech Engineering
>College at Avadi here. The applications were rejected on the ground that the
>girls' father had obtained a loan to run a poultry farm from the same bank.
>
>The bank claimed that there was nothing wrong in the refusal as the girls
>were unable to produce a no-objection certificate from other banks. Noting
>that entitlement to an educational loan was not automatic, the high court
>said the bank was well within the ambit of government policy to deny it.
>
>However, the judge pointed out that a no-due certificate from banks should
>not be insisted upon as a precondition for granting educational loans.
>Justice Sudhakar said there was no such clause to the effect that a girl,
>who was a co-applicant in her father's farm loan, would not be eligible for
>her own education loan. "This will be contrary to the scheme of providing
>education loan," the judge said.
>
>Agreeing that students cannot avail of more than one education loan at a
>time, Justice Sudhakar said: "This should not be confused with the loan
>availed of by the father from a bank for his business purpose... It is
>therefore clear that the scheme of an education loan is independent of other
>loans -- business or agriculture."
>
>Underlining the important of education loans, Justice Sudhakar said that
>banks should have a positive attitude and encourage students to utilise loan
>facilities to pursue their education.
>
>Taking into account the importance of bank managers and the laudable purpose
>of education loans, the judge said: "Chairmen of nationalised and commercial
>banks should suitably instruct bank managers, especially in rural areas, to
>ensure that as and when eligible and poor students apply for educational
>loan, their case should be considered sympathetically and in a
>customer-friendly manner to promote the cause of education and
>nation-building as the scheme is intended to fill up the vacuum that the
>state is feeling difficult to fill... Bank managers should not develop a
>retrograde attitude and deny education loan arbitrarily."