Safe Banking with SBI
I was trying to writing this for sometime since but I again some sort of inertia or lethargy kept things postponing. I have no intention of harming them rather all are based on either my friends or my personal observations and based from various trusted sources. If you have a doubt, challenge me either through an email or post a comment and I would be most glad to assist through the details.
Banking with all these fancy goons like ICICI, HDFC etc. are I think only time bound. A few observations for the interesting to think over:
- There are standard and so much of processes in the recruitment of bank staff for Nationalized Banks. I don't think these fancy folks are anywhere near to compete them or even dream of competing them.
- Not a day passes without ICICI getting into so much of fraudulent transactions. A few of them would be listed here:
- Check out this Ryze thread that sings ICICI's glory.
To summarize, it is always best to bank with our Nationalized Banks. Slow and Steady wins the race. You can have a list of Nationalized Banks from this Indian Banks Association page.