A 'BAD BANK' MUST BE CREATED TO DO ONLY AND ONLY NPA RECOVERY ONLY !!!

"ZONAL HEAD OF A PSU BANK: 'If 
Branch Managers, Assistant 
Managers, Officers cannot do 
NPA recovery, they must RESIGN; 
they must take their own time to think 
about it, otherwise, I will forward their 
resignation letter to higher authority 
after giving my acceptance SIGN.'

UNION LEADER OF A PSU BANK: 'Sir, in 
this 'Management Review Meeting' (MRM), 
let us not talk about the negative 'GDP growth' 
and the recent 'PMC Bank Scam' to have 
a heated debate or ARGUMENT; 
but, do you have the data, that, how much 
money has been actually recovered from Nirav 
Modi, Vijay Mallya, Anil Ambani, Mehul Choksi, 
Subhash Chandra Goenka and Rakesh 
Wadhawan by the Indian GOVERNMENT; 
a 'Bad Bank' must be created to do only 
and only NPA recovery only, otherwise, 
it will be too late for RBI also to control 
the collapse of the entire Indian Banking 
System MANAGEMENT.'"- Arindam Sain