Noel Ellis's Official Blog

I wield the pen to explore the vastness of the human mind

Category: BANK


Malya’s and Modi’s have taken this country for a ride because our chowkidars were sleeping. At least king of good times gave good times to many. I wish I was in his circuit when his times were good. At least my beer belly could be blamed on someone. I would love to enjoy at least a few weeks of your hospitality. Thereafter, let people blame you for swindling, I won’t even think of writing about it. That’s a promise.

Mr Modi, jewellery wale, I have fallen in love with diamonds. I always want to give one diamond piece to my wife every year. Till now I have never been able to go beyond one tiny earring. Today, the situation is such that I don’t even step into a jewellery shop. Basically for two reasons, one that hope this jeweller will not scoot moment he has made enough. Two, I just can’t afford it. May I request you to present a fistful of diamonds to let my wish come true? I know you have a heart of gold.

Coming to your name sake who is running this country. He is definitely doing sewa of all the gareeb, shoshit, vanchit, peerit only. I the common man is nowhere on his agenda. The moneyed men, he has on his cross wire is perfectly fine with me. The man who is actually bearing the brunt of this firing is the middle class. I don’t even have money to book my ticket and run to Bangkok. On second thoughts why should I run, I never did any hanky-panky. I am actually taxing myself by paying all sorts of taxes. Why am I on PMs Sniper’s scope? I don’t know.

Be that as it may, the desh ke chowkidar reminds me of security guards in most of our housing societies. Invariably they are old, retired and looking for some time pass in their twilight years of life. One guard’s wife confessed to me that “Buddha doesn’t sleep at night; he will do a good job guarding your assets”. We in India select or rather elect our own security guards. Their performance is generally far below expectations. They may not have the requisite qualifications or temperament and they do not have a magic wand either. Last seventy years we have been experimenting with our chowkidars. It should not take us a hundred to finally decide whom to keep.

A typical security wala is given a chair, a danda, a head gear and a tie. He sits there day and night looking at his mobile or gazing at people passing by. The only thing he actually secures is his attendance register, where he signs and shows it to the supervisor. He is never briefed except one odd day a trainer comes and makes him do savdhan, vishram. Poor chap will not know how to wear a belt even. He will invariably be wearing plastic shoes. Shaving is out of question. Half the time he would be on an errand of someone, either to walk the dogs or get dhaniya & paneer. He does look forward to some bakshsish on holi & Diwali and maybe someone who can give him a bottle of cold water and a left over meal.

The buildings security is actually ram bharose or on the street dog who has adopted the building. Who comes, who goes & who does what, is not the guards concern? He is only responsible to open the water connections at the correct time or all hell will break lose. Now, if the society is India and the guard is anybody’s guess. What should we expect?

Today, all these frauds are blamed on audit. Well lesser said the better about audits. It is the same whether it is a safety or a security audit. Yes, audits are conducted on paper. When a tragedy happens army is called to build foot over bridges where as the audit reports bite dust for years.

Financial audits are also a kind of hog wash. Auditors are supposed to find irregularities and suggest remedial measures. Audit reports run into many pages. Presentations are made, follow ups are done. Sometimes, dictates’ that not more than three audit observations will be accepted. Non compliances are an absolute no-no. Auditors are “entertained & looked after”. A fee is set. This is at whose cost?

Now that an audit regulatory body has been made, the government can refer cases to them. My view is that this is cosmetics to give employment to a few. Initially as a new broom there will be lot of sweeping. Slowly they too will be put into place.

Do we need an efficient, non corrupt chowkidars and auditors? Or do we need people who understand and know how to manipulate the system. They constantly keep the poor common man guessing, confused, illiterate and divided? When will we understand this simple thing? I wonder!!!!!!!!!


© Noel Ellis


Have you heard that old Hindi song, “nani teri morni ko mor le gaye, baki jo bacha tha kale chor le gaye? It is true as Mallya and a couple of Modi’s  lagaoed solid choona  under the very nose of the pradhan chowkidaars of India.

I wish I had that money was a dream. Some I will donate to charity. I also started imagining how many bundles it would be. Will it fit in one big truck? Should I start vacating a bedroom to keep this entire mullah? I still won’t quit my job so as to be richer than these guys besides Ghar ka kharcha bhi to chalana hai.

What would I do with the first gunny bag? Open it, smell it, count it, recount it and put it back. I would go to the bank and ask them what would be an amount which will not draw the attention of the IT dept and start depositing small amounts. I would open bank accounts in the name of everyone in the house. Suddenly I realise, if I save, someone else will take a loan and run away so I cancel this bank wala plan.

Then I thought of buying real estate, one big farm house in Alibaug and a resort in a hill station with fruit orchards and a river quietly flowing by. Sitting on a beach chair with my angling gear deployed, hat on and my line cast. My spinners, flies, bait and jigs all gleaming in the early morning sun. Little droplets of water like glistening diamonds hanging on the line. A fire lit besides me and a kettle hanging with steaming water. My dog next to me and every time I cast I pull out a big one.

I decide not to buy in Alibaug as even Sharukh was not spared and his property is sealed. For a farm house you have to prove that you are a farmer. So I decide to buy some agricultural land instead. I am confident that with just a portion of that money a few hundred acres will be mine. Then I decide choro yaar, kaun pange main pare and I drop the whole idea.

Another idea struck me as I had worked with a few builders in Mumbai. They will help me to buy property there. One house next to Deepika Padukone and one next to Sachin Tendulkar, just a choti si asha. One, I will give on rent and one I will keep for my personal use. Then I thought I don’t visit Bombay often, how I will maintain these houses. I decide to give both the houses on rent. Well, I had decided to leave Bombay to lead a peaceful life then why trouble trouble. Idea dropped.

I haven’t spent anything till now, so what to do with it. I decide that I will buy a Bentley for the family, a Merc SUV for me and a Harley for my daughter. We will go on long drives and visit hill stations, stay in best of hotels and enjoy. Then I realise that all this will be minimum ten to twenty day trips. Will the corporate give me such long breaks? The answer was to forget it. Well, I have only one garage for parking so this idea also fizzled out.

I decide then to have the best of food at least. I ordered from Grofers. I got a reply that sir your place is way out of limits of our delivery zone. I realised that as even Axis Bank promised to deliver my cheque book in four days are still trying to locate my place after 21 days. A personalised customer care representative keeps arguing with me that I have changed my address. I tell her sweetheart, my adhar, my pan, my driving licence and the bank website still show me staying at the same place. Why will I run away from the cheque book delivery boy? I better send my GPS fix, as I heard blue dart delivers stuff even to the North Pole.

I get up from my dream and realise that yaar khani to dal roti hi hai, why take unnecessary tension of keeping so much of money. Even if I buy all geetanjali jewellery, how much beyond a nau lakha which now may be called a nau carora will my wife wear? So let me dalo mitti on this thought too.

I have decided to live as an izzatdar citizen of India. What these guys have gained by fleecing us that time will tell. Hello Mallya and Modi saabs, still nothing is lost. Come back and face the music, return what you can and peeso chakki for what you can’t and be done with it.

Hope the pradhan sewak charges you guys with dafa 302, tazeraat-e-hind.  I have decided to completely dafa karo the thought of so much money? Can Nani sleep in peace then? I wonder!!!!!!!!!


© Noel Ellis


As budget is approaching I am getting a little excited. At least this year I hope to add a few bucks to my savings without the government poking its nose and sniffing out every rupee I save. Not that a single pai is hidden from them. Everything is in their knowledge and everything is taxed, my pay, my pension, my FDs, even my arrears too have been “axed” at source. I actually get a little sceptic when I do not see achhe din (AD) on the horizon even after being taxed so heavily.

Definition of AD will vary from person to person. A farmer will give you a very different story; a soldier will tell you his version. For an industrialist it is the EBITDA (Earnings before Interest, Taxes, Depreciation and Amortisation) or whatever that means, for me is what have I saved at the end of the month after paying all undy-fundy taxes and EMIs.

I, the common man needed a roof on my head that meant I take a home loan that meant I live from EMI to EMI. The bank is charging me exorbitant interest. After having paid my loan for ten years now I still find I have yet not paid the full interest back. By when will I pay the principal amount, intrigues me?

Just in case I kicked the bucket the banks insisted that you insure every EMI. I did that at a premium. Then one fine day the bank approached me that the interest rates have reduced will you be interested in changing your plan. My face lit up and I fell for it and I paid a premium again. When I checked the bank’s website recently it still doesn’t say that the tenure of your loan has been reduced. I spoke to my inner self and decided to just stay happy. At least I have a roof on my head.

The story doesn’t end here as I stay far away from my home. I pay society & maintenance charges every month. If I miss out they charge me interest. Besides they have installed an electricity meter recently, though I have yet not fitted a single light bulb but have to pay the electricity bill with a penalty. I think I will have to live with it.

The situation today is that during the good old days gol-guppa’s were ten to a rupee which is exactly the opposite today. I wish the value of my money too would have sky rocketed the same way. The only saving grace is that our thelawala doesn’t charge GST but go to a restaurant you have no choice but to pay for the sake of your country.

This is a crucial year for the government so I also expect it to be a popular budget. After all it is a question of our votes for elections 2019. I can be rest assured there would be some more taxes. I am hopeful though I should get some relief on the direct taxes that I pay. Some slabs will be tampered with, some good English will be spoken in the parliament, some boo-booing will happen and the budget will be passed. Rest of the sessions will be drowned in the usual hungama that happens. Common mans “uncommon representative” would do a “peaceful but boisterous” protest. Parliamentary proceedings will be disrupted. Sessions will be adjourned in the garb of democratic rights by loud sloganeering and walking out to have their hot cuppa tea, can’t expect much from them.

Cigarette smokers will stock up fags as they know particular brands will be in short supply. The pan wala will ensure more than adequate stocks are available including home delivery but at a premium. Same will be the case with wine shops. Everybody knows that these are two items will be taxed to the hilt. Will it reduce the number of smokers and drinkers is a different matter altogether?

Somehow, the common man is the biggest stake holder in the unorganised sector as per the PM. From a labourer to a fisherman, to a helper in a garment shop, to an outsourced housekeeper everyone has big hopes from the government. The industrialist, the entrepreneur, the auto wala to a bus river to a brick klin worker all want to live well, all want to educate their children, all want safe drinking water and good health services above all they all want to save a little for the marriage of their children, if not the rainy day.

If DAVOS will help I have no issues, if BHRAMOS will help I have no issues either but if every Indian has to vote for a “false promise” of achhe din then I have an issue. If communal politics will be the foundation of our democracy then I have an issue as well? Will someone clarify? I wonder!!!!!!!!!


© Noel Ellis


At times I wonder I should have taken more interest in Maths in school. Today when I listen to the FM as he quotes figures left right and centre I just nod my head. My course mates have been talking since morning of figures of commutation of pension, gratuity, NFU for non functional people like me or whatever it means. I do try my best to understand them but I can’t make head or tail of it. I think it is a mental block and I feel let the block stay this way. There will be some “Good Samaritan” who will work out the calculations for many of us. I am being honest so am confessing my phobia of such calculations as they are a nightmare for me.

What ultimately matters is that sweet sound of “Ting” which rings on the mobile indicating there is a sms and you find your account 3232xxxxxx4343 has been credited by X amount. What else do you want man. My agenda thereafter is to see how to spend that amount at the earliest and be done with it. Why should I bother the bank to take the pain of keeping it for me? The bankers have better things to do I suppose. Good that they have given me and my wife a debit card; I have recently started to use it also. I only had known to use it at the ATM machine to draw cash. Don’t ask me about a credit card. I will die with tension when I will be told the same amount you spent today will be have to be paid in 45 days. Why not pay now and sleep well, after all you can’t avoid paying. My story starts here.

Moment you default on credit card payments all hell breaks loose, I believe. Someone told me that the interest rate is about 35% or something. A person like me will be a permanent defaulter, reason being if I keep seeing money in my bank I shall keep spending it. Further, if I have to keep reminding myself that I have to pay back means I have taken “udhaar”, which is against my principals. If a toaster has to be bought, buy it and finish off with it, why delay paying for it. Why do we have to keep adding award points for future purchases or for that matter get a gift voucher at an eatery for a paltry discount of 500 bucks? My goodness, can’t we un-complicate life.

Well in our pay brackets people generally can afford credit cards. It means you are already well off, if not very well off. In most of our cases less mine children are generally settled and working. Many spouses are working too. Most of us are on re-employment or second employment. Still if we have to think buying things on credit, it doesn’t gel with me. If one is buying a car say, then a loan is the best option. Simple! One can keep arguing that when it will be a rainy day and when you may not have money to pay then the credit card will come in handy. Banks will lure you with zero charges in the first year and thereafter charge you a hefty amount as an annual fee. If you can afford annual fees you might as well clear your debits. Yes, the card may come with free insurance of ‘n’ lakhs. One feels happy chalo at least insurance is there. Then they will offer you one complimentary free ticket for a movie which you can’t go to watch within that stipulated time. You end up opting for a useless air bag instead, convincing yourself that you will use it during air travel possibly twice a year.

I have a few friends who play with money. Let me explain, pay one company with a credit card today, wait for 45 days or whatever is the maximum free limit of time and pay this credit card bill with another credit card. Such people have at least 4-5 cards and they rotate their money. They will give a cheque to someone and then online put in a request for stop cheque and then play with that money again. I wonder how they keep a track of how much to pay, to whom and when. I would definitely get all mixed up. Not my cup of tea at all.

Let me confess to you truthfully folks that I one day had decided to get a credit card. So I called up the help line and with all formalities completed they told me after a month that sorry sir, the courier company has refused to deliver it in the place where you stay. I gave them an option that can I give my friends address in Bombay; they said no, your address needs to be verified. I said ok, I can collect it from your nearest branch which is about 20 kms away, I offered. They said sir but you don’t have an account there. I got fed up and told them that you are ready to give me a credit card on my  account which is in New Delhi and can’t deliver it to a place convenient to you and me, so keep the damn card with you, thank you very much. I decided to hell with credit cards since that day.

I know my “giani” (know all) friends will come down heavily on me all guns blazing. I am also expecting a call from at least ten banker friends who shall read this and promise my new card home delivered free of cost tomorrow. But what will I do with it, my bai doesn’t accept them, my machhi wali refuses to entertain me with it, my kiryana wala doesn’t know about it, my coconuts are home grown and free, basic gadgetry for my home I have already, my wife is not a shopping enthusiast, the village liquor chap gives beer only on cash, my ATM is happy with my debit card, so should I still go in for a credit card to complicate my simple life. I wonder!!!!!!!!!!!

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