@StanChart @StanChartIN how an you add 60% of EMI component to principal during moratorium as interest. Interest if added should be simple interest and not adjusted interest internal math #moratorium @RBI @nsitharaman @ZarinDaruwala
@StanChart @StanChartIN icing on the cake is the ‘customer opt out’ message that allows you to apply this predatory pricing to entire customer base without them knowing actual costs #moratorium @RBI @nsitharaman @ZarinDaruwala
@StanChart @StanChartIN practice of adjusting large chunk of EMI payment towards ‘Interest’ and less towards ‘principal’ in these tough times is absurd #moratorium @RBI @nsitharaman @ZarinDaruwala
Have replied to the other tweet
@nsitharaman @RBI kindly take note and audit these decisions taken by @StanChart @StanChartIN that are against national interest.
This rate of interest does not exist in even micro finance environments!
You can follow @AJ_cerebral.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: