Report cases of corrupt or arrogant revenue agenciesthat force you into non-compliance
Regulation must not be framed on the assumption that everybody is out to break the law, but in a manner that makes it easy for those who want to comply with it, said SEBI chairman CB Bhave at a recent seminar. Someone must tell that to finance minister P Chidambaram and his revenue collection agencies. Mr...
What if your credit history has been wrongly reported by your bank?
Quite by accident, a senior banker with access to the defaulters’ database discovered that he had been reported as a defaulter to the Credit Information Bureau of India Limited (CIBIL). With help from the Reserve Bank of India (RBI), he soon found out that a bank that had sent him an unsolicited personal loan had wrongly...
When your relationship with your broker sours, you realise he holds all the cards. So, take care beforehand
After Prime Securities announced a hefty Rs23 crore mark-to-market provision, investors are running scared; they fear that several big brokerage firms may be in for tougher times, close branches or, worse, dump some losses to client accounts. Plenty of such complaints are already cropping...
