Great job man, way to go.

Just wanted to confirm with you from where did you get the Email IDs of TV channels, Consumer court, Reserve Bank, Tehelka etc. I would request you to provide me with these IDs if possible as I have the same pain.

I would really be thankful to you.

@sree… u r a equal partner in this blog…. so remember if amit sues me for the blog post… u will have to shell half the sum.

@prax…. ICICI stock was at 1000 a couple of days ago… u should have sold it then. neways will update u when it reaches that level next.

@prax…
email: this letter was composed by one of my friend for his purposes… so i myself do not have the email ids.. but u can probably pick these up from a website… contact sree if u want to take the case to a consumer forum..

central bank: i do fundamental analysis… so if u want to apply and sell it on the day of listing… then I would be a wrong person.

my analysis: 1) the bank is not a strong bank…. it lags behind in volume per employee and per branch…. its revenue growth is also minuscule.
2) pricing: most public sector bank are avaliable at the same PE ratio so there is little room for long term appreciation
3) allotment: it got oversubscribed on the first day and so lot of retail investors will be putting money in it… so the gains might not be worth it.

Invest in Zylog systems instead.

I used to have an ICICI Bank after which I shifted to HDFC Bank. No Problems whatsoever. They are swift, they answer with a YES or NO, and get things done with minimum fuss. I like it when things happen the way should. Just close your acc and go open an account with HDFC. If possible ask ur employers to open a premium HDFC Salary account for you. There are very good features like :

1. 0 Balance maintenance
2. 50 leaf Cheque Book Free
3. Gold Debit Card
4. 2 Lakh Insurance
5. 25 FREE WITHDRAWALS from any ATM
6. 200 Bucks Cashback every 10000 you spend.

And no, I dont work for HDFC.

//change of pic//
first u get married… looks like my fortunes will turn only after that.

P.S. I didn’t read any of those melting moments, gopi krishna talk …. but yeah waiting for the change of pic!!

… but will do that when the spell breaks.//
we’ll get the cue

//maybe u shd change ur avatar to ‘gopi krishna///
I am in a dry spell right now… but will do that when the spell breaks.

rasagollas and malpuas and on top of all that drooling =))
maybe u shd change ur avatar to ‘gopi krishna’

Thank you for your offer of picking up the book though I really appreciate it. It won’t be necessary though. My sister has already read it now. I wanted to give her a surprise, because she is also a big Potter fan like me In fact, she got me hooked onto it.

Couldn’t help reading your comment for sree….[within 60 seconds all my anger went away (i wonder what therapy she used)]

What is it with guys? My dad calls them up all pissed off, but it only takes a sweet lady to get him smiling happily again. In fact, he has some of these customer care people who call him up promptly (and my dad doesn’t mind because he loves listening to their voice) and get his business….ridiculous! It’s so easy to make you guys happy. Duh!

what u say about 111/- annual fees and 5000/- minimum balance is also true… i should also add that banks give only 3.5% p.a. interest (which the FD interest is about 10%)… also their computation is so weired that u can keep the money for 50 days and yet earn no interest. but I guess the banks believe that anything that is easily available is not valued. the more the trouble they create more the bank manager’s social stature will increase. (or some similar feeling)

2 years ago the credit card companies started charging no annual fees for the credit card.. and wow… there is a boom in credit card spending.. maybe its high time when debit card companies also follow the same.

indiaplaza… ya indian online retail services sucks… even at ebay there r instances when people were promised one thing and got something totally different. hey if u want i can pick the book for u from Oxford book store and ship it to ur cousins.

My experience last week (though it’s unrelated to ICICI bank), thought I would share it nonetheless:

I logged onto http://indiaplaza.in to open an account for placing an order for HP Book 7 for my sibling in India. The form mentioned that I could put in my US Address. I do that. But the system doesn’t recognize my zip code (very weird). I email them and tell them. They get back to me after a day or so and tell me: Madam, please choose USA in the form (Duh!). I say, of course I chose USA. If you go back to my email, you’ll see that the problem lies with the Zip Code and your system won’t recognize it. They get back to me after a couple of days (probably 3-4 business days) and ask me to put in an Indian Zip Code along with the US Address (!!!). By this time, I’m pissed off because they are the only website I came across who would ship the book on release date for a reasonable price. Eventually, when the matter did get resolved, it was too late for me. End result- They lost my business because the book release was only a day away and there was no way that it would reach my place in India on the release date. That’s ‘customer service’ for you!

One thing that I don’t understand is, doesn’t the bank want your money? Why wouldn’t they provide someone with a debit card promptly? It’s the customer’s money and they are keeping it with the bank…I fail to understand it totally. Also, why should a customer really pay money for getting a new debit card? I don’t understand either. It’s just a plastic card. I think if they do away with that Rs. 111/- , people will be happier and will open more accounts. The bank will only gain! Plus, what is this minimum balance nonsense…I have some Indian credit/debit cards, but I don’t use them here. But I do remember my father telling me that I need to keep a minimum balance of Rs. 5,000. Bad reasoning totally.