TO A CERTAIN PERIOD OF TIME ONLY, THE INTEREST WAIVER SCHEME ON LOANS IS ACCEPTABLE !!!

"To a certain period of 

time only, the interest waiver 

scheme on loans is ACCEPTABLE; 

but, extending it for so many days 

will definitely make the PSU 

Banking sector UNSTABLE. 

Even profitable PSU Banks 

of previous quarters have been 

put under the real litmus TEST; 

on the other hand, indirectly, 

as per competitive rankings, for 

private banks, this period is BEST. 

If PSU Banks cannot charge 

interest on loans for increasing 

its net profitability, then why should 

the PSU Banks will LEND; 

big depositors are breaking 

their fixed deposits and going to private 

banks as the interest rate at PSU Banks 

are at a decreasing TREND."- Arindam Sain