August 28, 2014 Leave a comment
So now what do you think of the competence and/or honesty of our bankers?
We all know the hassles ordinary people have to undergo to open a simple saving bank account, deposit a few piddling rupees and withdraw them.
We know the nuisance of following KYC norms and complying with the measures put in to prevent money laundering and curb money flows to terrorists.
Are all our compliance measures about hassles and harassment and eye-wash when it comes to real crime?