It is good to hear that two deputy governors of RBI were upright enough to stand upto the government. Ie the Power that be . Interest rate ,inflation rate growth et all OK. How come there is a word “ Non performing Asset of the bank” The loan asset given by bank is in Currency Asset with the seal and “I promise to—“of RBI Governor.How can that currency Assets be Non Performing. If it is not performing does the bank hold that the RBI governor’s promise as said in the currency has been belied. Is there relation between this creature NPA and growth and so with Interest rate. It will be heartening if similar bank functionaries who stood up against the NPA is also brought to light R.Ponnambalam
Re: Did any Bank Functionary stand up against NPA
by WILSON CHANDRAN on Jul 26, 2016 09:32 PM
I find difficult to understand what you have stated - between "How come there is a word...........has been belied". To my knowledge NPA a/cs do not earn int income to the bank till it becomes Performing A/c or till its closure by any mode. Further the banks are forced to provide Provision from the income earned- hence a burden to the bank.
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Maxis-Chiddu has to greet ID sleuths at his door-steps in shortwhile. Dekhate Raho. That is why he has been sent to RS from Maha. in order to provide little diplomatic immunity "if possible" forcibly overcoming all sorts of resistance from Maha Congress committee.
Common feature in India by people at governing seat i.e. by politicians, bureaucrats and industrialists. Why to make ego issue, you also ignored many who were juniors to you.
Re: Re: Ignoring
by Intel Midfield on Jul 26, 2016 01:09 PM
so why is your azz burning. BTW Chidu and Prnab are just good for nothing other than boot licking
