With the grace of God, India has always seen some wonderful people (of course only a small percentage), who are honest and dedicated, and do not bend even under pressures. In recent times we have seen people like RBI Governor, CAG Chief, SEBI chief etc. who have resisted the government attempts to dilute our strong fundamentals
....It is not that I am against issuing of new bank licences to corporate, but I am worried about the hurry shown by FM to hasten the process without putting in place the guidelines and nudging RBI for starting the process of issuing new bank licences to corporate. Raja too issued spectrum in great hurry. The question arises why FM is in such a great hurry? Is he afraid that his government may not last for long and then he will not be able to oblige corporate close to Congress? Can this great hurry lead to some other scam. Government has already lost all credibility. RBI Governor has clearly said that they are considering the same on merits and will initiate steps as soon as amendments are put on record. Now let us suppose RBI clears these and later on this Government falls, then who will take responsibility for such action by RBI......
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