"PSU Banks in India are basically
doing 'baseless BANKING';
as they are making
a loss by THINKING;
that in all cases, a
'customer is KING;
and wherever possible, due to trade unions,
any ship with a healthy work culture is SINKING.
The Indian Government has
to make it clear whether they
want business or social WELFARE;
RBI and judiciary systems are becoming too
liberal for NPA borrowers, it is the reason why
PSU Banks are losing in financial WARFARE.
If the Indian Government is not
willing to reduce its STAKE;
then, these loss making PSU Banks will be
the cause of 'Financial Market EARTHQUAKE'.
It can be too late for the
Indian Government when
they will actually REALIZE;
that a few years back, it was the ideal
time to implement the strategy of
'either merge or PRIVATIZE'."- Arindam Sain
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