India’s economic, banking systems are strong: Modi

OK course. In Modi we trust. india is not pakistan

CHAIWALA'S FANTASY LAND MUDRA NPA = RS 65000 CRORES ANNUAL BANK FRAUDS = 70000 CRORES GROSS NPA OF SCB ARE RS 7,00,000 CRORES 320 WILFUL DEFAULTERS OWE 125000 CRORES THEN WE COME TO STATE CO-OPERATIVE BANKS AND AGRI CO-OPERATIVE BANKS, CO-OPERATIVES AND CHIT FUNDS,WHICH ARE A BLACK HOLE, AND THERE IS NO DATA ON IT BANIA CHAIWALA HAS A SIMPLE FORMULA, TO LOWER NPA %. INCREASE THE LOAN BOOK, BY MAKING LOANS, TO HIS PALS MAKE NPA PROVISIONS,TO LOWER,THE NET NPA AMOUNT KILL OFF SME, AND TRANSFER THAT BUSINESS TO HIS PALS,WHO THEN TAKE BANK LOANS AND THE NPA % FALLS. USE SCHEMES LIKE MUDRA TO INCREASE THE SALES OF HIS PALS,WHICH WILL BOOST THEIR PAT AND THE BANK LOANS TO HIS PALS,AND SO, THE NPA% FALLS. THE BEAUTY ON DUTY IS THAT CHAIWALA ACTUALLY THINKS (ALONGWITH HIS BANIA VANAR MANDALI IN THE MEDIA) THAT INDIAN BANKS ARE BETTER THAN US BANKS (BANIA MANAGEMENT AND BANIA AUDITORS, NOT WITHSTANDING). WHAT TO DO WITH THIS PANWARI BANIA CHAIWALA ? SAMIR SARDANA