Oct
12
Banks setting limit on withdrawal from other bank ATM’s
October 12, 2009 | Leave a Comment
On April 1, 2009, the RBI brought in a move that was supposed to remove the restrictions on using the ATM’s of other banks. Before this move, if you wanted to use the ATM of some other bank, then it would cost. These would include a direct to the customer for checking account balance, or [...]
May
16
HDFC Bank fined for ‘extra charges’
May 16, 2009 | Leave a Comment
Normally, dealing with banks is a hot and cold affair. When you have dealings with ATM’s and with over the counter in branches, things are fine normally fine. But when there is something that is out of the ordinary, that is when people have more complaints. This could be when there are some delays in [...]
Mar
2
Buyers must be told about loan rate changes
March 2, 2008 | Leave a Comment
Financial matters, especially the intricacies involved with loans, rate changes, floating vs. fixed, etc can be very confusing to most people; and it seems that banks play on that. People had taken loans induced by the cheap rates that were being offered, and since floating seemed all the more attractive, many floating rates were taken [...]
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