Tuesday, January 17, 2017

57 debtors account for Rs. 85000 crore loan default, says S.C



The Supreme Court finally got a secret cover containing the names of big defaulters of bank loans from Reserve Bank of India. The rich class surviving on borrowed public money through banks, enjoying a royal life in a poor country like India has succeeded in hiding their heinous crime of usurping public money in concrete jungles scattered all over India like dreaded dacoits in a jungle of yesteryears. There is hardly a difference between the two classes. White collar thieves and green collared dacoits!

What a security, safety and financial secret to protect their honour and name! Basically it is to save their skins and sins. Let the Apex Court come heavily on them and expose their deeds in the name of growth in the capitalistic economy! Contrast this to a hapless defaulters/ farmer committing suicide unable to bear the torture of bankers under the garb of loan recovery!

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