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Originally Posted by Puck
kabir has suggested the most sensible alternative. if his alternative is not acceptable to you i would suggest that the bank should have asked the elderly gentleman to pay 10 taka per month until the debt is paid off and agree default on the interest.
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It's not about acceptability to me or anyone else. It's about the system. Banks cannot simply write off the amount and count as petty loss as that will become a practice to everyone.
I was sincerely expecting some sensible alternate suggestions so that no one should suffer like the old man.
I think in such situations, the bank should consult with the local government for compensation or something similar.