PSU BANKS IN INDIA MUST IMPLEMENT 'REGISTER MORTGAGE' !!!

"PSU Banks in India must 

implement 'Register MORTGAGE'; 

the time has come to modernize several 

strategies at this global competitive AGE. 

As a PSU Bank, when it is 

disbursing a loan, it should 

always have the upper HAND; 

the borrower must always respect 

the word, 'mortgage' before taking 

a loan for purchasing any flat or LAND. 

If the 'register mortgage' gets implemented 

in PSU Banks, then automatically, it will 

perform better in retail loan SEGMENT; 

why to rely on District Magistrate's order to sell a 

mortgaged loss asset and that too after so much 

expenses on sale auction notice ARRANGEMENT. 

Once 'register mortgage' is implemented 

in PSU Banks, the concept of 'wilful 

defaulters' in housing loans will FADE; 

all the PSU Banks are requested to implement 

'register mortgage', you all will feel happy for 

such a change that you have MADE."- Arindam Sain