Comments on: Citibank in India: Not for Ram, Shyam and me http://sushubh.net/6-citibank-in-india-not-for-ram-shyam-and-me Sushubh's Blog Sat, 20 Mar 2010 21:23:14 +0530 http://wordpress.org/?v=2.9.1 hourly 1 By: T Sreenivasamurthy http://sushubh.net/6-citibank-in-india-not-for-ram-shyam-and-me#comment-436776 T Sreenivasamurthy Sat, 08 Nov 2008 08:54:17 +0000 http://sushubh.net/archives/2004/05/13/citibank-in-india-not-for-ram-shyam-and-me/#comment-436776 I am surprised to note that despite so many complaints of serious nature citi bank is doing brisk business. The credit card of citi bank is not is not of any help for the common man. Eventhough SC has ruled that citi bank for that matter any credit card issuing bank cannot charge interest at more than 18% and RBI regulations issuong guidelines in this regard they are voilating the rules with immunity and liberally quote RBI rules ,it is like, devil quoting scriptures. Their actions of charging heft interest rate invite comtempt of court proceedings. I am surprised to note that despite so many complaints of serious nature citi bank is doing brisk business. The credit card of citi bank is not is not of any help for the common man. Eventhough SC has ruled that citi bank for that matter any credit card issuing bank cannot charge interest at more than 18% and RBI regulations issuong guidelines in this regard they are voilating the rules with immunity and liberally quote RBI rules ,it is like, devil quoting scriptures. Their actions of charging heft interest rate invite comtempt of court proceedings.

]]> By: T Sreenivasamurthy http://sushubh.net/6-citibank-in-india-not-for-ram-shyam-and-me#comment-408191 T Sreenivasamurthy Sat, 02 Aug 2008 10:36:34 +0000 http://sushubh.net/archives/2004/05/13/citibank-in-india-not-for-ram-shyam-and-me/#comment-408191 I found to my shock that the interest charges which they were charging 37.5% which itself was high, have enhanced to 42% and they have been charging for the past six months. I have been demanding them to waive the excess interest charges and other levies like late fee etc. They do not care for any complaints from their customers .it looks l;ike that. All these years they have taken me for ride. Everyday I am receiving half a dozen calls from different person from CITI bank and each time I have to say the same thing. There is no transparency in their dealings with the customers. It is surprising that depite so many complaints from thier customers they are still thriving in their fraudulent credit card business. I found to my shock that the interest charges which they were charging 37.5% which itself was high, have enhanced to 42% and they have been charging for the past six months. I have been demanding them to waive the excess interest charges and other levies like late fee etc. They do not care for any complaints from their customers .it looks l;ike that. All these years they have taken me for ride. Everyday I am receiving half a dozen calls from different person from CITI bank and each time I have to say the same thing. There is no transparency in their dealings with the customers. It is surprising that depite so many complaints from thier customers they are still thriving in their fraudulent credit card business.

]]> By: T Sreenivasamurthy http://sushubh.net/6-citibank-in-india-not-for-ram-shyam-and-me#comment-418943 T Sreenivasamurthy Sat, 02 Aug 2008 10:36:34 +0000 http://sushubh.net/archives/2004/05/13/citibank-in-india-not-for-ram-shyam-and-me/#comment-418943 I found to my shock that the interest charges which they were charging 37.5% which itself was high, have enhanced to 42% and they have been charging for the past six months. I have been demanding them to waive the excess interest charges and other levies like late fee etc. They do not care for any complaints from their customers .it looks l;ike that. All these years they have taken me for ride. Everyday I am receiving half a dozen calls from different person from CITI bank and each time I have to say the same thing. There is no transparency in their dealings with the customers. It is surprising that depite so many complaints from thier customers they are still thriving in their fraudulent credit card business. I found to my shock that the interest charges which they were charging 37.5% which itself was high, have enhanced to 42% and they have been charging for the past six months. I have been demanding them to waive the excess interest charges and other levies like late fee etc. They do not care for any complaints from their customers .it looks l;ike that. All these years they have taken me for ride. Everyday I am receiving half a dozen calls from different person from CITI bank and each time I have to say the same thing. There is no transparency in their dealings with the customers. It is surprising that depite so many complaints from thier customers they are still thriving in their fraudulent credit card business.

]]> By: T Sreenivasamurthy http://sushubh.net/6-citibank-in-india-not-for-ram-shyam-and-me#comment-408184 T Sreenivasamurthy Sat, 02 Aug 2008 09:48:19 +0000 http://sushubh.net/archives/2004/05/13/citibank-in-india-not-for-ram-shyam-and-me/#comment-408184 I am a citibank card holder since 1993 and I have been regular in my remittance. I never used to check the monthly statement sent by the bank . Only in the year 2007 I started looking into the statements because although I have been paying monthly a minimum of Rs 10,000/-ro 20,000/- as against the minimum due of Rs 2100/- on an average due as per their statement I find the taotal dues never get reduced. If I send Rs 10,000/- only a sum of about Rs 2500/- is accounted for against the dues. I have two card one paltinum and anither Vissa card. I ahve paid Rs 27000/- more than the dues for the year 2007 upto August 07,but citi bank still demands Rs 15000/- and similarly on other card also. I have been asking for a detailed statemenmt of account for the amounts claimed by them but no response from them excepting reminders. I was also shocked to notice I am a citibank card holder since 1993 and I have been regular in my remittance. I never used to check the monthly statement sent by the bank . Only in the year 2007 I started looking into the statements because although I have been paying monthly a minimum of Rs 10,000/-ro 20,000/- as against the minimum due of Rs 2100/- on an average due as per their statement I find the taotal dues never get reduced. If I send Rs 10,000/- only a sum of about Rs 2500/- is accounted for against the dues. I have two card one paltinum and anither Vissa card. I ahve paid Rs 27000/- more than the dues for the year 2007 upto August 07,but citi bank still demands Rs 15000/- and similarly on other card also. I have been asking for a detailed statemenmt of account for the amounts claimed by them but no response from them excepting reminders. I was also shocked to notice

]]> By: T Sreenivasamurthy http://sushubh.net/6-citibank-in-india-not-for-ram-shyam-and-me#comment-418942 T Sreenivasamurthy Sat, 02 Aug 2008 09:48:19 +0000 http://sushubh.net/archives/2004/05/13/citibank-in-india-not-for-ram-shyam-and-me/#comment-418942 I am a citibank card holder since 1993 and I have been regular in my remittance. I never used to check the monthly statement sent by the bank . Only in the year 2007 I started looking into the statements because although I have been paying monthly a minimum of Rs 10,000/-ro 20,000/- as against the minimum due of Rs 2100/- on an average due as per their statement I find the taotal dues never get reduced. If I send Rs 10,000/- only a sum of about Rs 2500/- is accounted for against the dues. I have two card one paltinum and anither Vissa card. I ahve paid Rs 27000/- more than the dues for the year 2007 upto August 07,but citi bank still demands Rs 15000/- and similarly on other card also. I have been asking for a detailed statemenmt of account for the amounts claimed by them but no response from them excepting reminders. I was also shocked to notice I am a citibank card holder since 1993 and I have been regular in my remittance. I never used to check the monthly statement sent by the bank . Only in the year 2007 I started looking into the statements because although I have been paying monthly a minimum of Rs 10,000/-ro 20,000/- as against the minimum due of Rs 2100/- on an average due as per their statement I find the taotal dues never get reduced. If I send Rs 10,000/- only a sum of about Rs 2500/- is accounted for against the dues. I have two card one paltinum and anither Vissa card. I ahve paid Rs 27000/- more than the dues for the year 2007 upto August 07,but citi bank still demands Rs 15000/- and similarly on other card also. I have been asking for a detailed statemenmt of account for the amounts claimed by them but no response from them excepting reminders. I was also shocked to notice

]]> By: k Ramani http://sushubh.net/6-citibank-in-india-not-for-ram-shyam-and-me#comment-406237 k Ramani Fri, 18 Jul 2008 09:12:50 +0000 http://sushubh.net/archives/2004/05/13/citibank-in-india-not-for-ram-shyam-and-me/#comment-406237 This citi bank fellow through tjeir lawyers Ms/ Kohli & Sobti has sent a letter to attend a conclilatyion camp to clear my dues. I am not holding any credit card for the past 11 years. I have used it for ayear and returned it and they hv given a letter stating an amount of rs.3.56 lakhs as over due. Bull shitti bank. This citi bank fellow through tjeir lawyers Ms/ Kohli & Sobti has sent a letter to attend a conclilatyion camp to clear my dues. I am not holding any credit card for the past 11 years. I have used it for ayear and returned it and they hv given a letter stating an amount of rs.3.56 lakhs as over due.

Bull shitti bank.

]]> By: k Ramani http://sushubh.net/6-citibank-in-india-not-for-ram-shyam-and-me#comment-418941 k Ramani Fri, 18 Jul 2008 09:12:50 +0000 http://sushubh.net/archives/2004/05/13/citibank-in-india-not-for-ram-shyam-and-me/#comment-418941 This citi bank fellow through tjeir lawyers Ms/ Kohli & Sobti has sent a letter to attend a conclilatyion camp to clear my dues. I am not holding any credit card for the past 11 years. I have used it for ayear and returned it and they hv given a letter stating an amount of rs.3.56 lakhs as over due.<br><br>Bull shitti bank. This citi bank fellow through tjeir lawyers Ms/ Kohli & Sobti has sent a letter to attend a conclilatyion camp to clear my dues. I am not holding any credit card for the past 11 years. I have used it for ayear and returned it and they hv given a letter stating an amount of rs.3.56 lakhs as over due.

Bull shitti bank.

]]> By: MANJUSHREE S HEGDE http://sushubh.net/6-citibank-in-india-not-for-ram-shyam-and-me#comment-393658 MANJUSHREE S HEGDE Sun, 04 May 2008 12:49:48 +0000 http://sushubh.net/archives/2004/05/13/citibank-in-india-not-for-ram-shyam-and-me/#comment-393658 Sir, I have recieved a mail on my id saying that i have won a lottery conducted by British International Lottery and the winning prize has been deposited in citi bank is it true Sir,
I have recieved a mail on my id saying that i have won a lottery conducted by British International Lottery and the winning prize has been deposited in citi bank is it true

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