@fellifel,
Its good to find that you care abt the amt of salo they take home .the only problem according to JM is that its the best bet for any employee at that given time otherwise he/she is just free to move to a better paying employer .


EB is very lucky to have a very strategic MD at the top.he who recogonizes an opportunity and/or loop holes created by other market leaders and makes good use of it.he never discriminated on the basis of 'poor',soily rurals,'illitrates',blah blah blah............. .how many times have you gone to EBs banking halls and found them stained by the mud or seen the money from the ATMs all soiled ????.

if you can't beat them,join them.......... !!!!!!!!!!!!!!!!

mozenrat, in China there is nothing such a private deal with 100% government banks.

does it really matter whether it is or not? if it bring bizn to shareholder n customer, then am cool with it. fyi am neither a customer nor a shareholder.

if it was not 4 equity how many would be banked. hands up!

Not only do I agree with you @kivairu, I share your same position. Surprising how Equity commands the same goodwill as Grameen bank which allows them to be viewed as vehicles to empower the poor.

Hence they attract funds from development agencies and international organisations even when they've transitioned to a bank.

I know for a fact that Equity was greatly assisted by these same institutions to grow as a building society and eventually...