Investors be careful. The troubles of Public Sector Banks have just begun. They have huge NPA's waiting to be unearthed. Soon we will have more and more skeletons tumbling out. The Government will try to underplay the situation as it does not want a panic like situation. Invest in safe stocks as the market will be volatile till the next general election.
No body is rushing, your people only do some high-volume fake transactions to spur small investors to invest and burn. There is no improvement since 2008 in PSBs but your brokers, ceremonially called as Investment Bankers or some bullshit. Many of these banks were quoting less than 30/- 2008-09, and now many times despite tenfold rise in capital with dwindling profits and catapulting NPAs in which large extent of NPAs from Agri-finance has not be shown b y resorting to evergreening and elongated NPA term. This will blow one day and may result in another upheaval that is being witnessed today unless then FM decides to write off all such loans. In such a scenario, where is the need to rush except you hoodwink the gullible. -
No body is rushing, your people only do some high-volume fake transactions to spur small investors to invest and burn. There is no improvement since 2008 in PSBs but your brokers, ceremonially called as Investment Bankers or some bullshit. Many of these banks were quoting less than 30/- 2008-09, and now many times despite tenfold rise in capital with dwindling profits and catapulting NPAs in which large extent of NPAs from Agri-finance has not be shown b y resorting to evergreening and elongated NPA term. This will blow one day and may result in another upheaval that is being witnessed today unless then FM decides to write off all such loans. In such a scenario, where is the need to rush except you hoodwink the gullible. -
