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LPRajendraKumar (Advocate speciatised in Service Tax)     06 February 2013

Loans and credit cards to advocates

Most of the Banks and financial institutions are not interested to provide loans and credit cards to practicing advocate. Why we are not opposing their stand? Is there any RBI guide lines to the Banks regarding this type of rules? Why our community not opposing this?



Learning

 2 Replies

Kumar Doab (FIN)     06 February 2013

Banks believe that unlike ill informed citizens they shall not be able to fleece, intimidate, coerce, force, pressurize, and harass a trained legal mind.

You are right that this should be checked and opposed.

Adv k . mahesh (advocate)     06 February 2013

first if any person default or harassment from bank then we only save him from bank 

bank think that we have everything to excuse and not like other people who trap in bank harasssment


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