NO SUBSIDIES TO NPA BORROWERS !!!

"DEFAULTER: 'Let those PSU Bank 
staff say, whatever they want to SAY;
but, we are wilful defaulters by 
mindset, we will not PAY.'

LAWYER: 'Maybe, in this 
regard, you are just a NOVICE;
don't give too much importance on 
any 'National Lok Adalat' NOTICE.
China Government is very strong 
and their loan recovery is the 
highest and at its PEAK;
whereas due to votebank politics, 
when it comes to NPA recovery, the 
Indian Government is very WEAK.'

~~~~~~~~~~~~~~~~~

STRATEGIC CONSULTANT: 'Time 
has come to change some strategies 
in PSU Banks at this modern AGE;
don't worry about cost and time, 
implement it, that in any mortgage, 
it will be only 'Register MORTGAGE.'

FINANCE MINISTER: 'Why the courts 
are not sending 'National Lok Adalat' 
notice through POLICEMEN;
if the law officers of PSU Banks will not 
file legal notices and go for civil suit 
filing, how will banks do recovery THEN.'

BOARD MEMBER: 'Law Officers of 
PSU Banks are not so EFFICIENT; 
to do NPA Recovery, just by sending 
Lok Adalat notices are not SUFFICIENT.
In PSU Banks, make it mandatory, that 
several blank cheques to be signed by 
borrowers before loan DISBURSEMENT;
if any cheque bounces, PSU Banks can 
file a criminal case under Section 138 
based on that cheque INSTRUMENT.'

STRATEGIC CONSULTANT: 'Request 
all Banks to send the NPA borrowers 
list with respective Aadhaar and PAN;
the NPA borrowers of any Bank must 
not get subsidies or allowances from 
the Government, there must be a BAN.
By doing this, not only it will improve 
NPA Recovery but will also reduce 
the India's 'Fiscal DEFICIT';
also the cost cutting 
strategy by printing the 
plastic notes will be SUPERHIT.
Why the Article 279A(5) is still 
getting ignored by the GST COUNCIL;
there is always a way out, 
if there is a strong WILL.
The petrol price can be reduced to 
Rs.75 per litre, with 18% GST and just 
adding some 'Compensation CESS';
to increase fund inflow for income, devoid 
of politics, place and position, all the Indian 
states must support, 'ease of BUSINESS.'"- Arindam Sain