India has only bad banks thus for ;banks that glibly rename their unrecovered loans as NON PERFFORMING ASSETS -a real bad job- can only be BAD BANKS for the bank lent loan of currency always performs because of the pledge of the RBI Governor. “I don't understand why a bank should be owned by the government.'”Differently put,that statement can mean “ why not these banks be closed like the Public sector companies that were closed as made loss. Then why should you create a bad bank at all and move all the bad assets there and clean-up the balance sheet.Whose money it is. Is it the money of the bankers who sanctioned these loans and didn’t do the expected of them in time when defaults occurred and held things UNDER THE WRAP in close collaborationwith the defaulters? Have they been questioned, their disproportionate wealth ascertained and acted upon ?What guarantee is there that the so called GOOD banks will not again become some thing like this.The people and work culture are the same.”There are plenty of opportunities in India'”That is always in such a vast population by law of Normal distribution the number of good people or number of Rich people may be as high as the population of France or more than that. India welcomes all such good things coming in. IN INDIA ANYTHING HONESTLY MANAGED WILL YIELD GOOD RETURNS India welcoms . For the unrecovered money of the banks let the bankers be held responsible;the Govt. can not cr
