Tamal Bandyopadhyay

“quoted a bench of justices Katju and Misra saying, “Something is rotten in the state of Denmark, said Shakespeare in Hamlet, and it can similarly be said that something is rotten in the Allahabad High Court,” and the high court “really needs some house cleaning.”
― Tamal Bandyopadhyay, Sahara: The Untold Story

“Ghosh would leave home early morning and hang around Shobhabazar sabzi market watching people. One day, he saw a burly man in a red T-shirt riding a Royal Enfield Bullet. When the gentleman stopped at the entrance of the market, half a dozen women rushed to him. In fact, they had been waiting for him to arrive. To each of them, the man gave Rs 500 and collected Rs 5, simultaneously. He came back late afternoon, this time wearing a blue T-shirt. The same women—who were vegetable sellers in the market—returned the money, Rs 500 each. Ghosh watched the ritual with curiosity for a few days. Every morning, the women would buy sackfuls of cauliflowers, tomatoes, brinjals and spinach outside the Sealdah railway station, from the farmers who would come mostly from Lakshmikantapur, South 24 Parganas, and Barasat, North 24 Parganas. One evening, when those women were about to leave the market after settling the moneylender’s dues, he could not resist asking them why they were paying so much interest to this man. His calculation was fairly simple: on Rs 500, they were paying Rs 5 as interest for half a day. This translated into 1 per cent interest for half a day, and 730 per cent a year! But the women told Ghosh a different story. They were not paying any interest; rather, they were just buying a cup of tea for the moneylender. Moreover, they were earning enough to afford this. ‘Will a bank give us money?’ the group of women asked him in a chorus. How else would they get money without documentation and a guarantor? Besides, they were saving time and travel cost as the money was being given to them at their doorsteps (in this case, the market).”
― Tamal Bandyopadhyay, Bandhan: The Making of a Bank