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RBI cracks whip on loan recast


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chanakya maurya
The current situation is somewhat alarming.
by chanakya maurya on Feb 02, 2013 04:38 PM

Alarming in the sense the attempts are being made where the regulator is being maneuvered to be regulated by the powerful bankers, the street, and the North Block, in a manner the allied forces landed at Normandy Beach.

Subbu is being virtually ambushed !!!

Let there be uncontrolled inflationary trends and let the NPAs skyrocket.

Both are good for the growth of an economy they say.

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