Right diagnosis

My View on "Make the PS Banks Performing assets of the economy...": 

This is a right diagnosis, crisply given. If treatment gets delayed further, India will regret having ignored warning signals, risking a crisis in the financial sector which the country can ill-afford. Supporters of private sector, please note the private sector which sucks the creamy layer did not show any willingness to go deep and support national priorities. If evidence is needed, look at the share of private sector in banks, as of now. Please do not argue that new bank licences will solve this issue. We have already almost destroyed cooperatives in many states. Let that fate not swallow Indian Public Sector Banks. 

- M.G.Warrier