Re: actual
by Prakash Bedekar on Nov 05, 2018 05:12 PM
Why do you expect people like Arunji to take trouble of running Finance Ministry when Modiji and Amitji are around?
Finance under modi is in the wrong hand who does not even know the basics of economy of the country. Jaitley is responsible of letting loot happen and helping fraudsters like Mallya, Nirav Modi, Choksi etc.
Re: Jaitley Messed up The Indian Economy
by OLRAO on Nov 05, 2018 01:31 PM
all are in hypocrisy; who was the RBI Governer and PM at the time of loan disbursment; no accountability at Banks, RBI(ex-RBI Governers),the them PM,FMs etc. Now reconcillation is happening so actuals coming up.
Re: Jaitley Messed up The Indian Economy
by Prakash Bedekar on Nov 05, 2018 12:25 PM
When we have such genius as Shri Arun Jaitleyji as our FM, we really do not need people like RBI Governor
The RBI, under Dr Urjit Patel, failed miserably to crack the whip on the banks for NPA accumulation. Even when the SBI sought permission from the RBI to declare Vijay Mallas' loan as NPA, they were denied to do so. He should explain to the HFM, why or under whose instruction he had done it. Mr Jaitley is perfectly within his right to know the truth.
Re: RBI failed miserably
by common man on Nov 05, 2018 01:28 PM
you talks about failure of RBI to crack the whip on NPA of banks, but you are not talking about why the govt is giving lakhs of crores of funds to the same banks ?
cant the govt tell these banks that we will not give you funds and go and recover these bad loans ?
change the system pass bills in this regard, you got clear majority.
if you keeps on giving them funds, they will keep on giving it to business inc and in this process some will turn it in bad loans
Re: RBI failed miserably
by Prakash Bedekar on Nov 05, 2018 05:15 PM
Please note that ED and EOW are directly under PMO, were they sleeping wnen Vijay Mallya, Nirav Modi and Choksi were allowed to flee?
Re: Re: RBI failed miserably
by common man on Nov 05, 2018 01:30 PM
the truth is jaitely only knows how to extract money from common man. and he looks at every person in india with suspicion. he thinks that all of us areCHORS and he is the only saint present here in india
Re: Re: RBI failed miserably
by OLRAO on Nov 05, 2018 01:32 PM
all are in hypocrisy; who was the RBI Governer and PM at the time of loan disbursment; no accountability at Banks, RBI(ex-RBI Governers),the them PM,FMs etc. Now reconcillation is happening so actuals coming up.
If there is a major failure of this Government, then it is in the sphere of economic management. In fact it is a total disaster. The IT and other authorities have scared the common man. The businessman does not want to undertake any new venture for fear of the authorities hounding him for ever. No wonder that no new jobs are being created. And the effects of demonetisation are still being felt. Having failed on all the much touted topics like corruption, job creation, farmer distress the only recourse left is to go back to the old formula of Ram Mandir. Whatever happened to all the big talks and promises?
It is better people like Mr Sinha and Behari babu stop attacking the govt. Grapes are indeed very sour; show some dignity and allow people to respect your age.
Why Mr Sinha is in hurry. After 5/6 months Mr Jaitley will not be Finance Minister. If Mr Sinha is well wisher of RBI he should tour whole India to defeat NDA. Mere giving interviews to particularly Rediff from Delhi is no solution.
Surprised of RBI directors talking of Autonomy!! Autonomy is not equal to indiscipline!!High NPA amounts to loss of money paid by common citizens. Bank directors and officers should first be PROFESSIONAL in approach while disbursing loans and Reserve bank Governor's approval of 80;20 Gold Imports to some 15 importers just before Mr.Modi took over as PM is enough proof how Reserve Bank operates. Why did none of the directors opposed or criticized Raghuram Rajan's decision?
Re: RBI
by Gladyschellam on Nov 05, 2018 12:07 PM
Banks used to have in the Board: CMD/CEO,Executive Directors, One Govt Nominee, One RBI Nominee, 2/3 non official directors (mostly eminent personalities from various fields, sectors/professionals) and two share holders directors (some are from retd financial professionals)
What Senile means - having or showing the weaknesses or diseases of old age, especially a loss of mental faculties. This exactly describes Yashwant Sinha.
