" If some public sector bank CEOs with a short remaining tenure would prefer not taking stern action and recognizing NPAs" as they might "prefer transferring any problems to their successor" is feared then it is accepting that Human Resource Assets of the Banks are in their jobs the NON PERFORMING ASSETS and they only make what they call NPA.The cat is out. There may be many such human fallibilities that has created this NPA The statement may be a reflection of reality or human nature but it is for the higher ups to assign such jobs to others.Industry believes and runs on the motto”there are always willing workman who will do the job and look for selecting them if you want to succeed.”There should be enough such numbers in banks also. Past Mistakes in lending.? Why not take action on that when it is a mistake. In one company in INDIA (not in China where nobody fails to pay the govt.’s due - the chief used to say: Punishment cannot be escaped here. R.PONNAMBALAM
Independent RBI means the a person like you taking money from overseas agents and scuttling the Indian growth story! People like the gandi family can continue to
The support the RBI has got in this episode is because ordinary consumers are thankful that the pernicious effects of inflation and price rise has been recognised by it. But banks were at liberty to realize the loaned money from the incoming cheques to the lonee.That had not been done There is only NON PERFORMING HONESTY OF WORK AND NON PERFORMING DISCIPLINE when somebody does not recognise what the banks call NPA under circumstances like the one mentioned in this article.No one bank on bakns if that is the work discipline culture In this the Govt. has no role to play.R.PONNAMBALAM
