Habits and beliefs ingrained over 70 years – obviously it takes time for the PSUs and bureaucrats to wake up from their induced sleep. No new government will be able to bring about the change overnight. It becomes even more delayed when so many Congress bakhts are still out there to protect and bray for the old regime to return.
When the bank knows that they have financed a man supported by the ruling party ,even if there are no sufficient security,they will lend,wine and dine,while for a real small scale industry which provides much greater employment vs capital deployed ratio banks donot care.The problem with PSU banks is they are paid far too high to function as a glorified bank clerks with very little understanding with associated hard work.The banks fleeze small scale industries and common man without understanding that they are working with tax payers money and their goal is to be a small but vital role of supporting small scale industry,and not loot them
a few months earlier before choksi escaped to antigua, modi had visited antigua and made the necessary staying arrangement for choksi...since there is no extradition agreement between india and antigua choksi is safe their thanks to modi's grand planning...
a few months earlier before choksi escaped modi had visited antigua and made the necessary adjustments for choksi...since there is no extradition agreement between india and antigua choksi is safe their thanks to modi's grand planning...
Re: Why is Chaannddaa Kkochhar not in jail?
by KARAN on Jul 26, 2018 06:09 AM
Yes,but as it emerges out this woman who lent on a fundamentally unbiable videocon vacuum tube prpject,obviously she did not spply her mind but was interested in quid pro quo arrangement.As this lady kept the media well oiled to be calledbas a "beautiful lady"she was opening the bank purse strings and ofciurse as it comes out the seniors in the bank were in the know of these illeagal lending,but looked the other way for eell imaginable reasons.The banks have become a sore cost center of our society and the political system excepting Dr.Swamy are not interested in correcting it.
