Lenders seek sovereign
guarantee for ARC plan Mint dated/9/2/21
Don't you think Govt as owner and trustee of public funds should take action against these bankers for mismanaging the banks all along. They want Govt guarantee for the loans. Now they want further govt guarantee for the NP A assigned to ARC AMC . They want RBI to withdraw provisions on loans assigned to ARC. They are to be capitalised to make provisions for the bad loans. So what banking they are doing. Do you need further proof that they are enjoying power without accountability at the cost of public money. We don't need Bank we need true bankers. Eliminate the Rogue bankers in every bank and Rogue accomplices of these bankers in every authority concerned with financial sector including judiciary, every bank will become good bank and Indian financial sector will attain back its Glory which did not fall prey to 2008 financial crisis worldwide.
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