Collapse of Global Trust Bank : Banknet India


Home \| Books \| Free Newsletter \| DAILY NEWS \| BACK TO MESSAGE BOARD

banking

finance

jobs

technology

publications

NRIs

BPO

message

Name :	V.Seshadri
Subject:	GTB should have been liquidated
Message :	I think the take over of the Bank has indirectly a recognition for the in correct acts by the Bank's Board. In fact they have been rewarded by the take over. Like in western countries and Japan, the bank should have been allowed to go under. Then only there would have been a lesson for the persons, to be more diligent. In our country we do keep on hearing on scams and scams. These happens as the investors do not bother to verify anything.