'Idhuvum Kadandhu Pogum "
Even this challenging situation would ease
" Be Good and Do Good "
Excluding the above, Under the Indradhanush roadmap(2015), the government has to give around 25,000 crores every year (2015-2019) to PSU banks. Apart from this 10,000 crores has already been promised to be infused in 20-17-18 and 2018-19.
In short looks like there is more to come and since the government call its own bank's NPA as part of a 'Scam', we all have to pay for the greed of a few well-heeled people. Even though the banks have so-called recovery tools, it would be a long drawn process by the time each culprit is booked and money retrieved.Apart from the loan amount, who's paying the interest on these bad loans.
I feel sorry for the common man, the people who have bought shares in many public and private sector bank and the mid- low-level workforce. Looks like God has a lot of people to save.