"Modi Government
knows very WELL;
that regarding NPA Recovery Bill,
they have a very sad story to TELL.
Gone are the days of utilizing ledger
accounts for loan recovery or
changing repayment schedule
for Loan RESTRUCTURING;
as due to '100% NPA free' initiative
by RBI, in the profitability of any
PSU Bank, the provisioning is
bound to STING.
A majority of total NPA borrowers belong
to 'Vijay Mallya', 'Nirav Modi', '
Mehul Choksey', 'Lalit Modi' category
and are basically wilful DEFAULTERS.
Even if a property is not mortgaged,
it can be seized as the defaulter's
activities are as equivalent
as that of FRAUDSTERS.
When doing NPA recovery
by any means
is the ultimate MISSION;
then there is no problem if
recovery agents or local cops claim
the NPA Recovery COMMISSION.
Persons who became
anti-socials due to some constraints
or misfortunes and want to
come back to the MAINSTREAM;
will be recruited as
secret agents in the
PSU Banks Recovery
Cell (PBRC) TEAM;
otherwise, the 'Acche Din' concept to
make India, a super power nation on its
75th Independence year, will just
remain as a DREAM."- Arindam Sain
knows very WELL;
that regarding NPA Recovery Bill,
they have a very sad story to TELL.
Gone are the days of utilizing ledger
accounts for loan recovery or
changing repayment schedule
for Loan RESTRUCTURING;
as due to '100% NPA free' initiative
by RBI, in the profitability of any
PSU Bank, the provisioning is
bound to STING.
A majority of total NPA borrowers belong
to 'Vijay Mallya', 'Nirav Modi', '
Mehul Choksey', 'Lalit Modi' category
and are basically wilful DEFAULTERS.
Even if a property is not mortgaged,
it can be seized as the defaulter's
activities are as equivalent
as that of FRAUDSTERS.
When doing NPA recovery
by any means
is the ultimate MISSION;
then there is no problem if
recovery agents or local cops claim
the NPA Recovery COMMISSION.
Persons who became
anti-socials due to some constraints
or misfortunes and want to
come back to the MAINSTREAM;
will be recruited as
secret agents in the
PSU Banks Recovery
Cell (PBRC) TEAM;
otherwise, the 'Acche Din' concept to
make India, a super power nation on its
75th Independence year, will just
remain as a DREAM."- Arindam Sain