Day: December 27, 2008

Obama Holidaying

Barack Obama is holidaying in a villa in a seaside resort.

Perhaps , he is relaxing, relaxing both his mind and body, after a strenuous campaign.

He deserves it.

But the expeniditure involved , is holding us back, is making us lift our eyebrows, induces us to frown.

When U.S economy is running out of breath, when there is gloom and despair world over, when there is job displacement, when there is wage loss, when there are Madoffs cropping out to gulp other people’s hard earned funds, Obama can practise thrift and moderate his expense.

Obama , as a leader should set an example to the otherwise extravagant nation.

U.S has learnt to spend less, has understood the value of money , has developed a conscious limitation in its purchasing capacity., only recently and by a hard way.,after the downturn.

Obama .should nurture the nation and restore glory.

Each and every move of his is watched carefully by the people.

thoughts

State Bank Of India – A Court Jester.

Post author By meenas17
Post date December 27, 2008
1 Comment on State Bank Of India – A Court Jester.

The stateliest bank of India , at times is also the best humorist

You must have heard of Mohamed -Bin -Tuglak. He was the clown of all kings.

He shifted his capital from Delhi to Daulatabad and again to Delhi .He was a visionary but eccentric.Large number of people died during the moves due to inadequate travel arrangements.His experiment with coins , place him as one of the greatest moneyers of Indian History, though it was not successful in India.

State Bank of India is a trend setter and a breaker of its own norms.

I wish to Cite an evidence to emphasise my proposition.

The prestigious bank , had called for an OTS settlement to a company which had received the decree from the Debt recovery tribunal of India, a satellite of the Finance Ministry.

The company agreed to settle of its dues in the stipulated period of one year. It had in anxiety written a letter that it will fulfill the requirement in 3 months. The latter paid the amount as given in the letter of State bank Of India, rather 3 months ahead of the period as prescribed by the bank and 3 months later as it had put forth in its letter.

The bank accepted the payment . When the company asked for its documents lying with the bank, the bank assured to give it back in 40 days. 40 days passed , 90 days vanished , 180 days disappeared no sign of returning the security. The company wrote letters to G. M., D.G.M., talked with them , and requested an appointment. But these top officials were busy , and did not have time to see the person who had settled the amount.

The Managing Director got frustrated and met the AGM and other officials. and compelled them to come out with facts and figures.

The AGM , slowly let the cat out of the bag, saying that bank needs a considerable amount more . If the company pays ,the security will be released

The Managing Director , was first intrigued by the assault, then resolved to take cudgels against the eccentricities of the Bankers, let them be CGM , GM , DGM, AGM .Chief Manager and Field officers,. An entire lot of bureaucracy , who pretend to be goody and faithful to the bank, but possess grudge and vile, greed and animosity, arrogance and hatred against this entrepreneur.

M.B. Tuglak shifted his capital (1325-1351)

S..B.I modifies its transcription (2007-2008)

subscriptions thoughts

I Love India.

India is a place of varied interest,multi languages, different cultures,many religions, and maxi presentations.

This ancient country excels in population, enhances in piety, endears in hospitality, enlivens in simplicity and enfolds in serenity.

The beauty of the nation lies in the exposition of heritage. Temples of North and South India are architectural marvels.The North Indian style is called Nagara , the South Indian counterpart , Dravidian and the hybrid style or Vesara is seen in Deccan.

The Nagara style has a bee hived structure. The Dravidian structure has a pyramid shaped tower. The Vesara shrines exhibit a good deal of stylistic overlaps.

The communities have distinctive characteristics and no two sect is alike.

The progress , the country has made since independence is amazing. Technology advance is upbeat, Scientific discoveries are exciting, industrial progress is extraordinary, education has made manifold improvements, commerce enjoys prosperity , medicine has won world acclaim and poverty is ebbing out.

The country has still to overcome certain back logs, in the area of surface transport as roads are full of potholes., sanitary awareness which is nil, unmindful traffic , bureaucratic inertia, political corruption, and bribery at all corners.

Spitting and Spatting on the road, shouting and scrambling publicly, idling and languishing in street corners, mocking and provoking in conventions , imitating and parodying in common places are still in vogue.

These unpleasant, miscreant behaviour should be hooked off from society, and we need steps severe to beat the Indians into the right track.

Such oddities dig our composure, penetrate our defence, and make us shrug from banality.

Still , I love India.