To realise the developed India by 2020

Wednesday, July 31, 2013

Re: [India_Vision_2020] Arrogance of State Bank of India, Bodi - Education loan defaulters are displayed like rowdies

 

Codemnable act, Why are banks not making public business loan defaulters? Privacy and confidentiality apply only to big defaulters from the bus8ness sector!.Can the bank be sued for breach of confidentslity clause? Worth examination.

On 30 Jul 2013 21:47, "Education Loan Task Force ELTF" <action2020eltf@gmail.com> wrote:
 
[Attachment(s) from Education Loan Task Force ELTF included below]

30 July 2013

The Chairman
State Bank of India
Mumbai

cc to:

Deputy Governor, RBI, Mumbai
CGM, RPCD, Mumbai
Mr Ramasubbu MP (Tirunelveli)
Mr Thamarai Selvan MP (Dharmpauri)
Mr Thol Thirumavalavan MP (Chidambaram)

Dear Sir

We understand from the Facebook and social media that State Bank of India, Bodi Branch (Theni District in Tamil Nadu) has displayed prominently the photographs of the defaulters of Education Loan at the entrance,  like criminals.  It is highly objectionable and violates the basic dignity of the students. 

In all the branches of your bank, they do not fix up the repayment schedule with a maximum of 10 years and with a telescopic EMI (lower EMI in the beginning).  The branch managers do not maintain proper relationship with the students.  Most of the students default because of the omissions and commissions of the Bank officials.

We request you to kindly investigate into the matter and take suitable disciplinary action against the concerned Branch Manager and the Regional Manager who might have given instructions to display the photos like criminals. 

When SBI has hurriedly sanctioned hundreds and thousands of crores to 2G scamsters and Kingfisher groups, they never showed such a hasty action by displaying their photos prominently in the branches.  When poor innocent students, including dalit students, commit default genuinely, SBI defames them in an unprofessional and illegal manner.

If banks indulge in such ugly illegal actions, instead of understanding the genuine difficulties and rescheduling the loan, it may lead to a larger campaign for writing off such loans, which is not in the interest of the banking industry. 

We request you to kindly investigate into the matter and take suitable disciplinary action against the branch manager and the concerned regional manger.

We are also marking a copy of this mail to some of the media persons, Deputy Governor of RBI and few Members of Parliament, so that they can take up this issue immediately.

Yours faithfully

K. Srinivasan
Convenor
Education Loan Task Force (ELTF)
www.eltf.in
An initiative by Action 2020 Team under India Vision Group
Join the India Vision group to get connected with like minded people
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---------- Forwarded message ----------
From: prakash fast <fastprakash@gmail.com>
Date: 2013/7/30
Subject: Education Loan Task Force
To: action2020eltf@gmail.com


Dear Sir,

Please Download and see the attachment....

Whats going in Education Load..?

Please take the action.....

" SBI (State Bank of India)-யின் அயோக்கியத்தனம்"

           தேனி மாவட்டம் போடி SBI வங்கிக் கிளையில் கல்விக் கடனைத்
திருப்பிச் செலுத்தாத மாணவர்கள் மற்றும் அவர்களின் பெற்றோர்களின்
புகைப்படங்களை வங்கிகளின் வாசலில் ஒட்டி, மாணவர்களை ஏதோ ஜேப்படி
திருடர்களைப் போல அவமானப்படுத்தும் அடாவடித்தனத்தில் இறங்கியுள்ளன.  கடன்
தள்ளுபடியை ஏப்பம் விட்ட கும்பலோடு,வங்கியில் தொழில்கடன் வாங்கி ஏப்பம்
விட்டுள்ள விஜய் மல்லையா போன்ற தரகு முதலாளிகளோடு இணக்கமாகவும்,
அக்கொள்ளையில் பங்காளியாவும் நடந்துவரும் வங்கி நிர்வாகம், சிறு
மாணவர்களைக் கிள்ளுக்கீரைகளாக நடத்துவதையும் எட்டி உதைப்பதையுமே
வாடிக்கையாகக் கொண்டுள்ளன. மேலும் உழைக்கும் மக்கள் எதுவும் கேட்க
மாட்டார்கள் கேட்பதற்கு துணிவு இல்லாதவர்கள் என்ற திமிருடன் தான் இந்த
வங்கிகள் செயல்படுகின்றன என்பதை இந்த விவகாரங்கள் மீண்டும்
எடுத்துக்காட்டியுள்ளன.



- படம்:தேனி மாவட்டம் போடி SBI கிளையில் எடுக்கப்பட்டது.
(Copied from Facebook)

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