Big mistake made by China

[kingkobra]

See highlighted sentences !

and still many banks are making profit in india
i bet you dont know first thing about micro-financing

 

[Hafizzz]

Go Pakistan? I don't get this thread. Is this a thread about Indian economy?

This thread is about China making mistake by setting up bank in India where the average Indian will NEVER BE ABLE TO PAY back the loan and the Indian media will picture the Chinese Bank as "Blood sucker" charging high interest rate on the loans.

 

[Imran Khan]

Imran bhai ap tu bachu ku kuch bolnay b nai daitay ..... itni examples lolzz

yahaan sary ji bachy hain yaar jisy gher main roti bhi nhi milti wo bhi yahaan hamara dimagh kharab kerny a jata hai .

 

[T90TankGuy]

yeah hafisss you are right , we will destroy the Chinese bank and eat up all their money . are you happy now mate?

jeez its surprising how you turn a perfectly normal thing into an anti India campaign . don't you work mate?

 

[Hafizzz]

yeah hafisss you are right , we will destroy the Chinese bank and eat up all their money . are you happy now mate?

jeez its surprising how you turn a perfectly normal thing into an anti India campaign . don't you work mate?

"anti-India" ??? Huh. Taking about the PROs and CONs of doing business in India is considered "anti-India" ???

 

[T90TankGuy]

This thread is about China making mistake by setting up bank in India where the average Indian will NEVER BE ABLE TO PAY back the loan and the Indian media will picture the Chinese Bank as "Blood sucker" charging high interest rate on the loans.

its obvious they are looking for a PR man and you are doing your best to obtain the job .

a small request . please grow up and see the world around you .

 

[PlanetWarrior]

To a large extent "debt traps" or spiralling uncontrolled borrowing is becoming a problem in most countries. Responsible governments will ensure that a system of responsible lending and borrowing is put into place. The scenarios placed in post 12 above is not restricted to India and happens in most countries including 1st world countries. People borrow from Bank A then take an overdraft from Bank B to pay the installments to Bank A and then use their credit cards to pay off Banks A & B and the trend goes on. Credit checks and other current tools are no longer effective. Certain countries like the USA, Canada and South Africa are moving towards making the lender equally responsible as the borrower for reckless lending. The prima estates debacle in Chicago started the current global resession. That was caused by attitudes of lenders and borrowers similar to the scenarios posted in post 12 above. The crap hit the ceiling when the lenders started selling off their disguised well managed book debts to foreign banks. And when the scheme fell apart even foreign banks who bought off the Chicago debts were getting hit on the head

 

[Kyusuibu Honbu]

"anti-India" ??? Huh. Taking about the PROs and CONs of doing business in India is considered "anti-India" ???

Except there were no PROs mentioned and CONs emphasized with logically flawed examples

 

[T90TankGuy]

"anti-India" ??? Huh. Taking about the PROs and CONs of doing business in India is considered "anti-India" ???

what pros and cons are you talking about? at least come out of the dream world you live in . India has one of the best records when it comes to the banking community . its no wonder while 1000 banks failed in the US (2008)not one did in india .

 

[Hafizzz]

Except there were no PROs mentioned and CONs emphasized with logically flawed examples

How can one mention "PRO" when "CON" outweighs "PRO" ????

 

[PlanetWarrior]

"anti-India" ??? Huh. Taking about the PROs and CONs of doing business in India is considered "anti-India" ???

Mr Hafizz. You truly need to be more mature in your thinking. Sometimes you do post some rather informative material on this forum but you end up spoiling the entire post by submitting irrelevant and immature personal quotes to aggravate Indian members here. In effect you destroy the intent of this forum which is to learn from and to submit information on the topic submitted.

 

[Kyusuibu Honbu]

To a large extent "debt traps" or spiralling uncontrolled borrowing is becoming a problem in most countries. Responsible governments will ensure that a system of responsible lending and borrowing is put into place. The scenarios placed in post 12 above is not restricted to India and happens in most countries including 1st world countries. People borrow from Bank A then take an overdraft from Bank B to pay the installments to Bank A and then use their credit cards to pay off Banks A & B and the trend goes on. Credit checks and other current tools are no longer effective. Certain countries like the USA, Canada and South Africa are moving towards making the lender equally responsible as the borrower for reckless lending. The prima estates debacle in Chicago started the current global resession. That was caused by attitudes of lenders and borrowers similar to the scenarios posted in post 12 above. The crap hit the ceiling when the lenders started selling off their disguised well managed book debts to foreign banks. And when the scheme fell apart even foreign banks who bought off the Chicago debts were getting hit on the head

Very true! External debt surges to $306 b

However Indian banks like ICICI maintains some self -regulatory practices other than the Govt guidelines , which perhaps was one of the reasons why Indian banking sector wasn't hit during the recession.

 

[IND151]

so why thread title is big mistake made by china

 

[Kyusuibu Honbu]

How can one mention "PRO" when "CON" outweighs "PRO" ????

If there were no PROs , why is this bank coming to India then?

 

[LURKER]

hafisssss has dedicated his life 24*7 to find anti India topics and even if the topic's not anti India he makes sure he'll edit the headline and make it anti India