Sunday, January 25, 2009

Time Out story - Devendra

Link to a story in the latest TimeOut Mumbai (cover story on Dharavi and its enterprising residents)- this is the one on Devendra Tank, who is a J P Morgan employee living in Dharavi.

Forget about housing loans, he wasn't granted an educational loan by a major bank because of his residential address ! His story is inspiring in any case, but also adds validity (as are some of the other stories in the issue) that people with reasonable incomes are being denied finance by the current banking system, and change is necessary.

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