Malegaon Sir, You look at RBI at macro level. We look at micro level which is full of frauds, that go un-noticed by macros. Take the FX. transactions at ground level. All these transactions running into crores happen at this level only while you loo at billions and trillions. Same is the case with NPAs and Rajan is the culprit in desisting publication of defaulters list bank wise and industry wise. Became a malaise for banks to continue to pump more and more resulting 17-20 abnks financing in a single go without informing other banks, resulting in multiple financing on the same asset or boges asset valed by bogus valuers that yiels zero at the time of crisis.
Re: Meet RBI's man for all seasons
by susarla suryaprakasam on Feb 26, 2018 03:09 PM
Edited version: Malegaon Sir, You look at RBI at macro level. We look at micro level which is full of frauds, that go un-noticed by macros. Take the FX. transactions at ground level. All these transactions running into crores happen at this level only while you looK at billions and trillions. Same is the case with NPAs and Rajan is the culprit in desisting publication of defaulters list bank wise and industry wise. Became a malaise for banks to continue to pump more and more resulting 17-20 abnks financing in a single go without informing other banks, resulting in multiple financing on the same asset or bogUs asset valUed by bogus valuers that yielDs zero at the time of crisis.
Re: Meet RBI's man for all seasons
by susarla suryaprakasam on Feb 26, 2018 03:09 PM
Edited version: Malegaon Sir, You look at RBI at macro level. We look at micro level which is full of frauds, that go un-noticed by macros. Take the FX. transactions at ground level. All these transactions running into crores happen at this level only while you looK at billions and trillions. Same is the case with NPAs and Rajan is the culprit in desisting publication of defaulters list bank wise and industry wise. Became a malaise for banks to continue to pump more and more resulting 17-20 abnks financing in a single go without informing other banks, resulting in multiple financing on the same asset or bogUs asset valUed by bogus valuers that yielDs zero at the time of crisis.
