Anti-Investor Exchange

I am a regular reader of your magazine and a fan of Ms Sucheta Dalal. I want to report a recent experience wherein brokers trade without authorisation in the client’s accounts and force losses on them.

I have been investing for the past 20 years and this is the first time such an incident has happened to me. I had paid a deposit of Rs one lakh which was reduced to Rs30,000 after the...

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Thank You

Many thanks for helping me in getting my medical claim reimbursement cleared out of turn. All this in the midst of your hectic schedules too. It has been a big learning for me as well. It has taught me to go through every little detail before putting my signature on anything based on verbal assurances. It is also imperative to understand the might of a brand called MoneyLIFE and we sure are...

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HSBC’s Wrong Practices

In October 2006, some HSBC agent called up my wife to say that they are giving insurance for three months for Rs10 per month; after three months, HSBC will specifically confirm by calling again if we wanted to proceed with the insurance. But they promptly started sending a bill for Rs700 from the fourth month without informing us. When we called up HSBC, they indicated this would be stopped,...

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