Indian Officials and Netas need a lesson on STANDADS
Wednesday, February 21, 2007
Go anywhere in India, their are different standards and the ultimate sufferer is the consumer.
Poor Indian Banking Standards:
All of a sudden the Indian Finance Minister wants identity cards, PAN cards etc to open a bank account. Sure I take my Passport as identify proof and the manager complains about the address. Yes because Passport office wants "Police Station", "Taluka", "Name of District" etc but they don't explicitly mention what is what in the passport and it looks so ugly the Manager at bank refuses to accept it as Address proof. So isn't the duty of the government to first issue necessary measures and then tighten the law ? Who cares man, let the consumer suffer is P Chidambram's Mantra.
Mutual Fund Double Standards:
AMFI is headed by some headless man called A P Kurian. Kurian now wants Mutual Fund investors to obtain a new identity card called MIN - Mutual Fund Identity Number. Hey, Old Man, everywhere PAN Card is the standard now don't introduce a new standard just for the heck of it. Make your IT systems complaint with PAN.
Kurian's another headless move was to order the Mutual Funds to send Quarterly Statements for SIP investors. Before this he had a system to send statements for every transaction. Wouldn't it be nice to issue him a monthly statement at the end of each month irrespective of the number of transaction a consumer performs within a month ?
Go to any Indian Office and you will face this frustration. God Bless India and Indians!
posted by Webmaster @ 9:13 PM, ,
