Showing posts with label credit. Show all posts
Showing posts with label credit. Show all posts

Sunday, January 25, 2009

Banks and satyam employees

Many satyam employees are receiving mails ,messages about their credit limits getting cut.Some of them are

1.Icici bank --They reversed the card limit if you dont have any dues.
2.kotak mahindra bank
3.Barclay bank

Kotak Mahindra Bank cut the credit limit from 52000 to 15000 rupees and cash with drawl limit was totally cut.

Barclay Bank cut the credit limits to 15000.

Wednesday, January 14, 2009

Satyam employees against ICICI bank

Many satyam employees who took credit card using satyam payslip ,satyam id card as proof.Got messages(sms) saying that their credit limit was cut down to nearly 90%.Internally many employees started a moment to cancel their ICICI bank credit cards .Many started calling to ICICI customer care to ask why their credit limit was reduced.They got an answer that it is because of Economic Macro Conditions.They canceled their credit cards by telling same reasons.People with only one credit card are waiting for applying new credit card and canceling ICICI bank ones.
They have a good argument to support also.They say that when we got some information about ICICI bank bankruptcy they did change their salary accounts or credit cards.Now ICICI bank doesnt have same faith in Satyam.

ICICI bank may increase credit limits to normal but ICICI bank will suffer because of this decision which hurt the sentiments of Satyam employee