RBI soft on Corporates, tough with farmers ! - Tv9
Sat, Jul 01, 2017, 05:03 PM
RBI is being soft on Corporates, and tough with farmers as it says no to waiver of farmer loans and leaves away big defaulters who often turns boards while showing mercy. RBI also requested SC not to reveal the names of the defaulters and also gave notices to Banks to recover the pending loan amounts from dirty 12 companies. RBI has repeated the same now also by not revealing the names of defaulters which is effecting the very existence of the banks and their sustainability. Govt is so keen about spending as well as cutting down the funds for farmers and welfare schemes but will readily lose crores of amounts in the name of Big Companies.