AV Bagur
I have been researching in the field of Debt Management, Asset Care, Turn Around for the past 23 years. I strongly believe in the enduring symbiotic relationship between a Banker and the borrower. Both need to nurture each other in the larger interest of the public at large. I believe that a Banker being in a superior position vis:viz a borrower, needs to be magnanimous during the times when the borrower faces hardship.
The borower on thier part must not act dumb. They must be fully aware of the basics of banking laws. They should not shirk from getting themselves educated on the subject. After all this is one thing that no one can do without.
Articles by AV Bagur
Those of us who have heard and/or seen the bank’s recovery agents will only know how dreadful and demeaning it is to be accosted by them, either on phone or physically. Their voice and tenor is deliberately modulated to make you tremble in your knees. Their countenance, meant to put the fear of Ya...
To be designated as a director in a company is a great feeling and does good to ones ego too. But some employees who are designated as directors becomes guarantors to the loans taken by the company and end up virtually as criminals on the run.
Banks require borrowers to sign a sheaf of papers ...