Doing Business with Goverment Sector is noting but a Hurdle
I always stick to my belief don't relay or do business with government related business entity until unless you have good political support to move your case or bbusiness.
Why i am saying that because today all bank employees went to two day national wide strike putting the entire economy in to stand still.
Really it’s a shame one; they may go for strike for some good reason but the ultimate suffers is people and their businesses. The main highlight of this strike is timing they picked a period which cause maximum damage to people and to the economy at large.
The bankers know that first 10 day of month is the very crucial where most people do their bill payments or receive their money as salary, pension, bill payments, rents, school and college fess and business receive their raised invoice payment during this time.
Personally i don't have account in any nationalized bank because i hate their standard and the way they treat the customer in fact many times we need to beg them to get our work done like getting cheque book, bank statement or cash withdrawal at last minute of banking time.I have three bank accounts all are in private bank almost i don't need to visit those private bank to do my transaction from payment transfer, withdrawal, cheque request and also i get update on every deposit and withdrawal details in mobile.
So i don't this guy went to strike or not.
Today as it his month BEGINING I have to pay Rs10,oo for my bill payments like all other general public you have to pay their bills and i don't know that today is nationalized bank employee went for bandth and in fact even if i know this early i don't care about it.
As usual i went to a near by ICICI Bank with my Axis Bank debit card, generally i use to withdraw money with my Axis debit card in this ATM as the nearest Axis bank to my home is 5 km.
i went to ICICI Bank Atm and there was some confusion and one person waiting outside the ATM suddenly went to his bike and moved i don't why he because he is the next person to enter.
When i enter the ATM i inserted my card and as usual everything went smooth and i gave Rs10,000 as withdrawal amount and gave confirm. But to my suprise it showed that " temporily we can't to the Transaction"
i am confused, i know my card have money and the pin also correct but then only the security guy standing behind me told "sir today ATM machine is not accepting Non ICICI Bank cards", in furious i asked him why?, every time i use to take money from this machine only, for that he said sir two days banks went to strike so ATM SBI, Indian bank card are not accepting.
I literally shocked whether my bank also went to strike i know that private bank never went to strike but i am upset what if my bank ATM is out of cash.
After coming out of ICICI Bank ATM i decide to go my bank ATM and travel 5 km just to take my money. Ya my Bank ATM is working and in fact not even a person waiting there its empty i just entered and took the amount and came back as relieved person.
But then it is not a case for many Indians as most of them keep there money only in nationalized bank for security reason and also because they do banking with nationalized banks for decades. They all have to suffer this pain. They may need their money for emergency needs like buying pills, for treatment, and to pay their monthly bills. Businesses that are known to pay there bills only during the deadline this month may end in paying late payments.
Not just that millions of senior citizens who just look for the month begin to withdraw their pension money from bank has to go home with empty hand. Not this pension receiver are widowers and relay only on this amount to run their life. Personally i know a poor old lady she every month come to SBI Bank to get is money, she come to bank three or four days before pension money deposit and every day ask the Teller whether her money deposited in her account. Some times i have seen the Teller shouting at her don't come now. it will get deposit in to yoru account after three or four only but still that lady beg that person. She is illiterate but why she is begging that teller is she is desperate in need of that small amount and she rely only on that money to run her life.
To avoid such situation happening again in future the government must disinvest its holding in Banks and make the entire banking industry in country a private one. The government and RBI must change it role as from stake holders to moderators.
The governing of all banks should be hand over to private body and government ensures the proper function of the Bank's Board of directors. This will stop Trade Union from going strike as employee fear of their job and know that private operators will handle things legally and with Iron fist instead of looking this economy crisis in political view.
Doing Business with Goverment Sector is noting but a Hurdle
Posted by
ecomonist
at
7:28 AM
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Sorry to hear of your troubles. If you can send us your phone and email contact details at care@icicibank.com, we'll get our Customer Care team to call you. We are glad to assist you at ICICI Bank!
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