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Andhra bank adopts silent protest before thr house of loan defaulters in hyderabad


koteswararaonerella

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koteswararaonerella

We have been seeing all these days that the bank official taking police help use to terrorise the lonees who are commn man and take away his bull,buffalo, goats etc., till the loans are repaid and there were cases where the farmers and small time lones even committed sucide unable to bear the HARASSMENT.This is the method for common man.

When it came big lonees who have taken CRORES BY Pledging somebodys land, or properties worth lakhs for loans of Crores and who generally evade payment and for such people the bank staff are making SILENT PROTEST I BEFORE THEIR HOUSE with play cards "PLEASE PAY OUR LOAN" s they cannot do anything beyond that.For a genuine loanee they ask dozens of proofs but for rich they give loans like it is their JAGIR.Recently one ex MINSISTER OF AP TOOK more than 5 crores for FISH TANKS in different districts and the property pledged may not be worth 50 lakhs now the BANK MNAGER HAS BEEN BOOKED BY CBI.

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RAVEENA_O

It is surprising that you noticed this only now. This rule existed for centuries. Independence and democratic form of governance has not made any change.

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