hkre,,,you are right ,i also know bit about foreign banks,but they have social welfare system we do not have so if you compare with USA,it is spending more on their people.So ultimately we land where we were.Yes our population is big pollution. avin
Morgan works on different strategy as i have seen in USA. Indian banks pay interest even on saving a/c but it may be difficult for morgan to generate income to pay on sb ac , every transaction willbe usually charged. even for use of Atm card more than thrise a week for cash withdrawl and request for $ 1000 currency are carged to customer.