Urmish Shah 16 September 2018
Urmish Shah 17 September 2018
G.L.N. Prasad (Retired employee.) 17 September 2018
Do not blame the bank as you have dragged the issue to that extent.
You can win only through compromise and can not insist.
If you wanted to settle the simple solution is pay to the extent of your dues to them upto the payment of amount.
Paying fraction of amount, and asking the bank to close larger sum is not settlement.
If both the parties agree then only it can be settled through compromise.
Banks are very much interested in such compromises but if the demands from card holders are for waiver of huge amount, or when the borrowers' net worth is more, there is no need for them to compromise.