Defaulters Proposes, Banker Disposes - Innovative Banker cracks the whip on hi-flying Education Loan defaulters

If the saying "Simple living, High Thinking" suits someone the best among the vast number of people I know, it has to be Hariram Shenoy.

Currently working as Senior Branch Manager with leading public sector bank, he's been my all time favourite. Be it his sense of humour, love for travelling or love for being up to date with latest technology, he is a "Jack of All trades" kind of a person.

We have been hearing a lot about uses and misuses of Social Networking. Now comes Hariram Mam's latest salvo against defaulters of Education Loans. These smart chaps who dont turn up to pay their loans after getting good jobs and whose notices have been returned with "Addresse not found" have finally been located by him. Where else but on FACEBOOK !

In what can be said first of its kind, he has located atleast 10 people on facebook and sent them reminders thru email. A few of these smart loan defaulters are abroad earning handsome salary. They have been sweetly told that their Passports would be impounded, if they dont pay up.

One smart gal's who said she is unemployed, is working in Top 4 Chartered Accountant Firm according to her facebook profile. Mails are been sent to their HR's informing that these are defaulters with the Bank and cases have been filed against them. Poor defaulters, they must be cursing their luck. Its high time that more PSU bankers get into facebook and track these Education Loan defaults.

Hats off Hariram Shenoy for your innovative idea that has helped the bank and also served a lesson to these smart defaulters.