Wednesday, December 5, 2018

ON EACH AND EVERY DEFAULTER, THE INDIAN GOVERNMENT MUST TAKE ANY TYPE OF STRICT ACTION !!!

"Any customer ID of 
each and every Bank 
requires KYC UPDATION, 
and to withdraw money 
by giving fingerprints, it requires 
AADHAAR VERIFICATION. 
It will help 
the Bank to get 
the correct CIBIL report 
without  any CONFUSION, 
though, the local information and 
intelligence report about any borrower 
must be taken before taking the 
final lending DECISION. 
Each and every Bank should recruit 
some bouncers and armed guards; 
both men and WOMEN, 
for the Special Recovery Force (SRF) 
and each SRF of each zonal office 
to be headed by any EX-SERVICEMEN. 
For any PSU Bank, when it comes to 
taking the defaulter's property 
acquisition on a given DATE; 
there should not be 
any unnecessary delays from 
any District MAGISTRATE. 
The Block Development Officer must 
not pressurize any Branch Manager 
of any PSU Bank to give 
loans and ADVANCES. 
When it comes to loan recovery, the 
Block Development Officer don't take 
any responsibility for the 
NPA recovery in these CASES. 
When any 
borrower becomes a 
defaulter, the performing asset 
becomes a non-performing ASSET. 
There are big dacoits in India who are 
expert in looting money from Banks, 
for example, Nirav Modi, Lalit Modi 
and Vijay Mallya, playboy the GREAT. 
Due to increase 
in NPA, all the 
PSU Banks have no other choice 
than to go for 'Profit PROVISION',
The Indian Government is infusing a 
certain amount of money to PSU Bank, 
which is taxpayers' money only, 
and is known as 'Capital INFUSION'. 
By the year of 2022, 
to make India, a 
financially powerful NATION, 
it is time that on each and every defaulter, 
the Indian Government must take 
any type of strict ACTION."- Arindam Sain

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