tag:blogger.com,1999:blog-2468506476739785772.post1510611577204500867..comments2023-08-15T17:52:38.649+05:30Comments on Mera Bharat Kahan-- Bala's Blog: Corporate Defaults- Hiding the truthFrustrations Amalgamatedhttp://www.blogger.com/profile/11867735513936757228noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2468506476739785772.post-91038946455540974942010-07-17T10:59:30.672+05:302010-07-17T10:59:30.672+05:30PS: This kind of loan is routinely given by most b...PS: This kind of loan is routinely given by most banks and is nothing special to IDBI Bank. PSU Banks are treated as a political arena for dishing out favours and siphoning of funds. In this, the bank executives surely take their cut. If not, they would be pretty dumb or incompetent.<br />The credit quality is a myth and most PSU banks have a fair share of irrecoverable loans, which are ever greened and sold between banks at year end, purchased back in the first quarter etc.Frustrations Amalgamatedhttps://www.blogger.com/profile/11867735513936757228noreply@blogger.com