This is a personal blog of Hem Kumar Acharya, a supposed banker for the last 30 years, where he tries to convert his intermittent thoughts into prose. Hope you enjoy these random musings!
Fear of failure is a natural human tendency and limits us psychologically, but fear of success is also a major limiting factor. With success comes many unintended consequences, i.e. more money, less privacy, lovers, haters, changes in the id and ego and cognitive perception. I think that, as far as we know, since this is our one shot at the human experience, we need to make sure that it is carried through with meaning. While that might mean a fabulous career or a healthy family or being in love or helping others realize their dreams or simply watching all this with wonder, it is certainly an individual choice. To be continued... (finally) I wrote those lines in 2012 and left them hanging. In my defence, life intervened. After AIT, I did something my younger self, the one tallying big ledgers by hand in 1997, would not have predicted. I left the familiar and became a Banking Consultant. The translator's job Consulting took me into the depths of a core banking solution, and ...
Every banker has met a Tashi. Tashi is a good man. He is a friend, a cousin, or the neighbour's son who once helped you carry a sofa up three flights of stairs. One day he arrives with tea, a warm smile, and a small request: "It is only a formality. Just sign here as guarantor. The bank needs one more name." You sign, because it would be rude not to. Besides, it is only a formality, isn't it? It is not. What you are actually signing When you stand guarantor, you are not vouching for Tashi's character. You are promising the bank, in writing, that if Tashi stops paying, you will. This is not a ceremonial role, like cutting a ribbon at an inauguration. A guarantee is a legal commitment, and the bank can turn to you for the outstanding amount if the borrower cannot or will not pay. People usually think a guarantee is worth one instalment. It is not. It is worth the whole outstanding loan , plus interest and charges. Tashi's "small" loan, over its...
In May 1997, I became a banker in the true sense. I was working with the big ledgers, and tallying up figures manually. Pure grunt work. My salary was all of Nu 6380, a very handsome amount then. (Before this, I had worked for a year in a private company, which paid Nu 4000 monthly). After completing my one-year probationary period, my salary jumped to 8500 per month, and my immediate thought was: I have a stable job with a great salary, and I need a car! So, I started putting away whatever I could after surviving on the least-costing food; my aim was to be able to buy a car within the next three years, with my own savings. I envisioned myself driving a sleek, new vehicle, enjoying the freedom and convenience it would bring. So, with determination, I embarked on my three-year journey of saving. Needless to say, the journey did not unfold quite as I had imagined. The Struggle Saving for a car seemed like a straightforward plan. I set aside a portion of my salary, cutt...
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