|
|
| Name : | Tapan Mukherjee |
| Subject: | NPAs |
| Reply : | You are perfectly right! In the garb of Non-performing assets and cleaning up bank balance sheets these industrialists are looting the public. The banks are not resorting to legal recourse in right earnest and are "providing for" these loans out of the profits which in reality belong to you and me. They pay us less interest and use the surplus to pay for these so called non performing assets. Cleaning up the balance sheets and recapitalising the banks are a big scam if you ask me. |