the reality never remains hidden for long, you benefit and are happy, you lose and become sad, but time tell you that Ram is Ram and never Ravan, Ram never will fight to make a temple for him, he will surely take care of the poor and deprived, no politics in a good heart only truth.
Attributing the disaster to Mr. Modi, our PM, is utter non-sense. The system and procedure adopted by banks here have been in practice for decades, as Banks feel Non-Fund Based Financing is the safest credit facility and also earns good amount of commission income without parting any funds. The present case, in particular, is the one started before Mr. Modi came to power and continued thereafter by the banks taking the borrower for granted. Some of the moles in the Banks too might have joined hands with the defaulter either taking bribe or coming under pressure. The PM might not be even aware of such goings on, as the bank, auditors, inspectors or RBI never bothered to notice the irregularities. It is yet to be known how much the mortgaged properties are really worth and one should not blame the PM for the Bank's faults.
Re: Re: 'Modi's political capital has taken a very big beating in
by nagaraju on Mar 02, 2018 12:53 PM
I am not telling Modi is a hero. But he is not the villain.
Why CMD of PNB & Auditor/CA is not arrested so far? How 1/3 amount given to one party ? How RBI controlling other Banks ? Just a surprise ? Nothing but they will be treated as a DESHDROHI and dealt by seizing all property and hang till death.
Re: PNB scam
by piri on Mar 01, 2018 12:08 PM
Simple. No one has to tell any major bank what bankable risks are and what are not.
They are all well equipped to make sound enough judgements.
What they are not equipped to deal with is pressure from top politicians to sidestep or circumvent their procedures to give out risky loans !
And what has been happening is exactly a result of banks being unable to deal with such pressure !
In other words, the biggest culprits (apart from men such as Nirav Modi, Anil Ambani, Gautam Adani, Mukesh Ambani, etc) are top Congress (earlier) and BJP (now) politicians !
Re: ð¢
by arungopal agarwal on Mar 01, 2018 12:08 PM
We expect 340, who wants to give command to biased Rahul, caste based locals, minority appeasing and corrupts.