It is true that the Banks earn revenues from the people, to become more precise, it is the loan and advances, which become the lifeline of any bank.

This does not necessarily mean that the banks will start withdrawing all check points. The recent home loan scam and the economic meltdown have shown us how devastating it can be, if the banks omit even the normal checkpoints. It might be a late realization, but the banks have also understood about their basic norms and responsibilities. The bank should become more customer friendly and on the other, they need to keep stringent policies to ensure that money should not be wasted or they can not increase the burden of unsecured loan by leaps and bounds.

However, we all learn through experience and we all need to find out the best survival techniques keeping the competitors and the risk factors in minds. Even banks can not remain as exceptions.