My dear friend, this is India, anything can happen here. Do you think our
redressal forums are so efficient and prompt.The delay tacticts made one to
give up the attempt.I have a problem with INDIAN OVERSEAS BANK, charging higher
interest for Agricultural loans and Compounding it on Half-yearly basis(as
against the 7%simple int. they charge 11% compound)On taking up the matter
with the OMBUDSMAN they have disposed off without giving me a chance to hear.
Appeal to the RBI governor also of no use.I am taking up the matter thru the
International consumer forum(NGO) and seeking the possibilities of filing a PIL
in the Court also . The detailed case history will be circulated shortly.
Regards..PC Nair.



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