RewardingTheWolvesThatAteTheSheep
Rewarding the wolves that ate the sheep.
#IndiaNPA.#IndianFinancialCrisis.
80,000 crore injected.
Public sector banks that caused large bad loans are cheering and in-fact the banks that created the highest percentage of bad loans won a jack pot.
Take IDBI for example which has 24.11% bad loans. In short out of every Rs. 100 in loans Rs 24 is NOT recoverable. The net bad loan is higher than the value of the bank.Check out.
IDBI got Rs 10,000 crore, without any disciplinary action on its managing director. Checkout here.
#IndiaNPA.#IndianFinancialCrisis.
80,000 crore injected.
Public sector banks that caused large bad loans are cheering and in-fact the banks that created the highest percentage of bad loans won a jack pot.
Take IDBI for example which has 24.11% bad loans. In short out of every Rs. 100 in loans Rs 24 is NOT recoverable. The net bad loan is higher than the value of the bank.Check out.
IDBI got Rs 10,000 crore, without any disciplinary action on its managing director. Checkout here.
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