This episode is indeed an eye opener for all of us irrespective of our status or intelligence. I hold the bank responsible for all the scams which have. happened. When I had headed branches of my bank, I never allowed brokers/middlemen to interfere while identifying the prospective loanees. Banks should arrange regular customer meetings and create an awareness among the innocent and uneducated customers about the proper procedures to be followed while availing any loan. Middlemen always take advantage of the illiteracy of the innocent customers and dupe them. The Bank should have nipped it in bud. The guest is to be lauded for his selfless service to society. I salute him.
This episode is indeed an eye opener for all of us irrespective of our status or intelligence. I hold the bank responsible for all the scams which have. happened. When I had headed branches of my bank, I never allowed brokers/middlemen to interfere while identifying the prospective loanees. Banks should arrange regular customer meetings and create an awareness among the innocent and uneducated customers about the proper procedures to be followed while availing any loan. Middlemen always take advantage of the illiteracy of the innocent customers and dupe them. The Bank should have nipped it in bud. The guest is to be lauded for his selfless service to society. I salute him.