..............With so grave being the consequences of a loan becoming an NPA, a question that naturally arises is: Why do banks sanction such loans which cause such huge losses to the bank? There are several reasons behind this. One is compulsion. In the name of thrust on agriculture, government frames such rules that Banks are forced to give collateral free loans (that have little or no scope of repayment) in the area of agricultural credit— better known as priority sector advances. It goes without saying that ............
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment