RBI admits loan frauds under Modi Govt three times higher than UPA-II

[bhaigan]

Just now, Chinna84 said:

dabbulu lekapothe Jagan ni adigaaranta 1lakh crores lo koosintha ivvamani - transfer avvagaane chebutha entha ichaarani 

nenu adigindi endi nuvvu chepthundi endi

neku antha ga kavali ante pakka ki poyi aduko

[BeerBob123]

3 minutes ago, bhaigan said:

madhya pradesh lo MLA la ni enthaki konnaru

Karnataka lo MLA la ni entha ki konnaru 

Jaggadu MP seat entaki ammadu 

[Chinna84]

1 minute ago, bhaigan said:

nenu adigindi endi nuvvu chepthundi endi

neku antha ga kavali ante pakka ki poyi aduko

u silly coverdrives...

it's all butterfly effect rey 

[bhaigan]

 

 

[bhaigan]

Just now, Chinna84 said:

u silly coverdrives...

it's all butterfly effect rey 

anthe anthe 

[soodhilodaaram]

1 hour ago, hyperbole said:

Lol..feku gani period la institutions independent ani nammala ippudu. Vadu chesina daridramu demonization nundi inka kolkoledu evvadu..look at the companies and how they are going down one after the other and that is not an exaggeration on it contributing to this disaster .

google up mudra loans..they are bubbling up to be another major oversight from modi government .5.17 lakh crore at risk of recovery. Just Maharashtra la general elections in 2018 mundu 25k crore loans ipincharu forcefully through the banks

 

If Modi is feku, MMS is chewthiya?? or C is reserved for Rahul only??

Yes, Mudra loans are turning bad and these loans are meant for Small businesses, there are way to deal with these loans unlike big fish, not same as bad loans given to Mallya/Nirav Modi

first of learn to differentiate instead of blindly following a propaganda

Financial system is in mess from 2014.. none of the BJP's fixes are working..so which means i have agreed all the options explored by BJP have failed

so now, do you blame the one who is extinguishing the fire or the one who started it

bank loans were given by phone call during Sonia era, all it took was a cut to Sonia, even today she so power that she can create riots in delhi during Trump visit

if you really want t understand what Modi's mistakes are, read this.. Modi entrusted the same IAS babus who created the mess to begin with without massive cleanup of the system first, Demonetization was failure not as an idea but by implementation, i dont think govt has a choice, India reacts when there is no choice.. if you have enough maturity to research why India did demonetization.. hint.. pakistan has exact currency templates as RBI

https://www.sundayguardianlive.com/news/officials-look-pm-modi-rescue-economy-toxic-cabal

De La Rue is the foreign company that Chidu gave the task to print indian currency, its the same company Pakistan uses and many countries too, ISI has access to obtaining paper from the same source as De La Rue

https://in.reuters.com/article/idINIndia-53941620110105

RBI Templates are stolen

https://news.rediff.com/report/2009/sep/08/how-isi-masterminds-fake-currency-racket.htm

Modi did the fastest measure to clean the currency, although the purpose was to clean, they let the money supply intact by letting fake notes exchanged as they know the individual when they deposited in bank, this is the only way to reset how much money supply is in the system

 

 

 

[MiryalgudaMaruthiRao]

4 minutes ago, BeerBob123 said:

Jaggadu MP seat entaki ammadu 

let 4 paytm kukka 

[bhaigan]

 

 

[xano917]

1 hour ago, kevinUsa said:

n response to an RTI application, RBI admits that both the number of and the amount involved in bank frauds have spiralled in the last 4 years compared to the 5 years of UPA-II between 2009 & 2014

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NH Web Desk

Published: 25 May 2018, 7:45 PM

Engagement: 237.794 K

In response to an RTI application filed by economist and activist Prasenjit Bose, the Reserve Bank of India has now confirmed that in the last four years of the Modi Government, loan frauds have amounted to a whopping ₹55,000 crore more than in the previous five years of UPA-II under former Prime Minister Manmohan Singh.

 

Expressing his shock and dismay, Bose said, “Where are the investigating agencies? How many fraudsters have been arrested and prosecuted for their crimes? The Union Finance Ministry must be held accountable for this massive loot of money from the banks and undermining the public sector banking system.”

Not only have the number of fraud cases increased under the present regime, the amount involved in loan frauds have also grown more strikingly; it has in fact trebled. This points towards systemic corruption in sanctioning loans to large borrowers.

 

The PSBs account for 88% of the amount involved in Loan frauds.

 

Excerpt of RBI reply to RTI query on loan frauds

 

The reply from the RBI, he maintains, highlights the following:

• There were 9,193 cases of loans frauds across Nationalised, ie Public Sector Banks, Foreign Banks, Private Sector Banks, other Financial institutions and small finance banks and local area banks in the last four years (April 2014 to March 2018), involving an amount of ₹77,521 crore.
• In the previous five years (April 2009 to March 2014) there were 10,652 cases involving ₹22,441 crore.
• While the number of loan fraud cases in the four years of the Modi Government is already inching toward the five-year total under the UPA-II Government, the amount involved has gone up by ₹55,000 crore.
• Instances of loans frauds in Public Sector Banks have totalled 7,128 in the last four years, with an amount of ₹68,350 crore involved.
• In the previous five years there were 8,331 cases involving ₹19,113 crore.
• Loan frauds at Private Sector Banks total 1,927 involving ₹7,774 crore in the last four years.
• In the previous five years there were 2,005 cases involving ₹2,670 crore.

national herald ante mana rahul baba paper kada . so people nammaru

hindu lanti pedda paper veyyali ilanti news in front page. But vattakayal modi locker lo unnayi 

[AndhraneedSCS]

Graph BJP term lo baga paiki lechindi .. that means progress ani @Spartan cheppamannadu 

[TOM_BHAYYA]

GandhilaKutra

[bhaigan]

10 minutes ago, Chinna84 said:

vo aayega - thu fikar math karo billi.

6 years gone inka eppatiki ache din

[bhaigan]

1 minute ago, AndhraneedSCS said:

Graph BJP term lo baga paiki lechindi .. that means progress ani @Spartan cheppamannadu 

bongem kadu

  

1 hour ago, hyperbole said:

Lol..feku gani period la institutions independent ani nammala ippudu. Vadu chesina daridramu demonization nundi inka kolkoledu evvadu..look at the companies and how they are going down one after the other and that is not an exaggeration on it contributing to this disaster .

google up mudra loans..they are bubbling up to be another major oversight from modi government .5.17 lakh crore at risk of recovery. Just Maharashtra la general elections in 2018 mundu 25k crore loans ipincharu forcefully through the banks

 

 

[bhaigan]

10 minutes ago, BeerBob123 said:

Jaggadu MP seat entaki ammadu 

1 lakh crores

[batman2]

what else can be expected of @kevinUsa and @bhaigan

#burrathakkuvafellows