Unwanted Depositors

Please refer to Crosshairs under the heading “Not Wanted” (MoneyLIFE, 8th May). It is true, that when organisations are small, they run after new customers to prove their customer-friendliness. When they become bigger, they have scant regard for the same customers on whose shoulders they rode. ICICI Bank is no exception. They were keen to welcome people to open an account when they came out...

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  • Lost Money In Funds

    I am enclosing the list of mutual funds in which I have invested as an SIP (systematic investment plan) or a one-time investment. In your recent analysis of fund houses (cover story, MoneyLIFE, 22 May 2008), I did not find any of my mutual funds among the top five. I am worried that I may not have picked the right fund houses and the right schemes. Also, in the past year, I have lost money in...

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  • Interesting view

    This refers to your cover story “U Turn on D Street”. Everything that goes up has to come down and vice versa. It applies to the Sensex also. Moreover, when international crude oil has touched $135 a barrel and inflation, rather than growth, has touched double digits, our economy will be affected and tested because these are tough times. The money managers’ advice on various issues made for...

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