There is a report in various newspapers that the Finance
Ministry is likely to finalise additional capital requirement, over and above
budget provision of about Rs 8,000 crore, for public sector banks in the next
three months. What the report says that Finance Minister Arun Jaitley on Friday
had promised more capital infusion into public sector banks, saying there is
"merit" in their demand for more funds over and above what was
provided in the Budget.
[Author note: Also read my book - 'A FRAUD IN THE INDIAN
CONSTITUTION" at www.amazon.in/dp/9352353986 ]
This issue of additional capital requirement was also
supported by the Reserve Bank of India in view of mounting NPA/BAD LOANS.
In this background, I have few questions to both the Finance
Minister/Ministry and to the Reserve bank of India:
To the Finance Minister/Ministry:
1.
Is this a bonus or award to the scam tainted
NPA/BAD LOAN banks for giving soft loans to affluent people whereas non
influential people who do not know the art of greasing the palms are not able
to get even petty educational loans to their children?
2.
Have you
initiated any ‘EFFECTIVE’ action against the defaulters and the NPA sanctioning
Top Executives of banks?
3.
If it is a common man, what you would have done
if a few instalments are not paid in time?
4.
Why don’t you freeze the dividend of these scam
tainted banks till the NPA is wiped out, instead of burdening the taxpayers?
To the RESERVE BANK OF INDIA:
1.
What is your real function? Simply to report the
NPA figures or to take ‘EFFECTIVE’ steps to prevent it?
2.
What is
the work done by your Inspection teams after going to the different banks for
inspection purpose? Just to confirm the NPA figures reported or to check the
adequacy of the security and the creditworthiness.
3.
Is it possible that on a fine morning loans are
becoming NPA or is it with the active support from the lender bank officials
and the inspecting RBI officials?
ALSO VISIT MY FOLLOWING BLOGS/WEBSITE:
indiantravelexperience.manjaly.net
centralemployeesnews.manjaly.net
cagreport.manjaly.net
publiccause.manjaly.net
www.facebook.com/afraudintheindianconstitution
No comments:
Post a Comment