Collapse of Global Trust Bank : Banknet India


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Name :	Arun Kumar
Subject:	Action against management & auditors
Message :	Crores of rupees will be given up by government in form of tax exemptions and crores will be lost in adjusting NPA's. Why, we do not follow other countries and take criminal action against those responsible. Action should be taken against Management, and Auditors. Such actions are also required in cases of liquidated cooperative banks. This can only help in reducing financial scams, mis-managements in future.