ITS TIME TO REALLY RETHINK; THAT WHAT WILL HAPPEN IF BIG SHIPS LIKE 'LIC' AND 'SBI' ALSO STARTS TO SINK !!!

"When there was a 
warning bell, why RBI was not 
so vigilant and PROACTIVE; 
the audit and inspection 
strategies of RBI must 
become more AGGRESSIVE; 
otherwise, in terms of global economy, the 
condition of 'Nifty Bankex' and 'Sensex' may 
remain bearish and NEGATIVE. 
Just like, prior to demonetization 
announcement, how come some 
businessmen got information about the 
Indian Government's next DECISIONS; 
don't try to fool the common people of India, 
otherwise, the entire political game will 
become a game of chess, with full of 
surprises, thrills and ILLUSIONS. 
On one hand, RBI is allowing some Private 
Institutions to function like a Private Bank 
by giving them Banking LICENSE; 
on the other hand, the Finance Ministry is 
merging several PSU Banks, which does 
not make any SENSE. 
If the Indian Government 
is too confident 
about PRIVATISATION; 
then, why the Indian Government requested 
LIC to take the charge of IDBI Bank which 
was in a very weak POSITION. 
At this juncture, when 
everyone is saying, 
'Say No to Yes Bank', 
why the Indian Government 
wants SBI to provide the 
bailout money, its time to really RETHINK; 
without the strong financial balance sheets 
of Nationalized Banks and other PSU 
Companies, the Indian economy cannot 
revive, and God only knows what will happen, 
if the big ships like 'LIC' and 'SBI' also 
starts to SINK."- Arindam Sain