If the officers of the banks had done their work properly, today one lakh crores of bank borrowers would have been saved. In fact, with the connivance of bank officials, Harshad Mehta was given Rs 625 (six hundred and twenty five crores) by the State Bank of India at Mumbai based on a verbal promise from 1991 to be used in the stock market. Even the private commissions must have been hard on the officials when the banks, which do not give a new penny to the common man without a signature, gave 625 crore rupees to Harshad Mehta without any kind of signature coin.
Journalist Sucheta Dalal exposed the scam. The value of Mehta’s billions of rupees of shares plummeted. If the original money comes in the market, will Mehta pay the bank? Bank money also sunk. After years of court cases, one or two officers were given a minor jail sentence. One or two died of heart attacks within weeks. But this fact should be considered as a shame for the government of the country and an ingrained arrangement should have been made since then so that it should not be repeated. After that, many scandals took place. People go to London with thousands and millions of crores and the Indian government does not bend their hair. If you threaten the government of London or Barbuda, will it not be a direct round?
Britain should come from India and eat its criminals. Those who committed crimes in India should also be taken to Italy. Even if the weapons were dropped in Purulia by air, the culprit would be picked up by Russia. An official of the Government of India arrived in London as a special envoy of Sonia Gandhi to the Bank of London to release the money of Mama Cavatrocchi’s Bofors Commission. But there is no call for the Indian government to force Mallya, Nirav, Nadeem, Sandesara brothers or Mehul Choksi to be sent here. Hey human rights bulls, he has committed a crime in India and he is a citizen of India. They looted the wealth of India and took it to your country.
Why do you love them so much? Why are you taking so much pity of robbers, gangsters? The Government of India should make this presentation before these countries and if they don’t believe it, then they should stop the tough dealings with them. If you threaten to send back the men of their embassies, the mess will unravel. But it seems that Britain is fooling around like this, Niravbhai will not get a toilet, Niravbhai will not get prison bread, Mama Mehul has diabetes, etc., and the stupid judges’ courts of Britain keep them there for some unfathomable reason. As soon as an Indian military ship approached the coast of Barbuda, Mehulbhai was put on board the ship with Dhol Nagara by the government there.
These beautiful memoirs are so vivid that Union Finance Minister Nirmalaben Sitaram has lectured on the insurance industry at a ripe old age just now when the Indian government announced the ten lakh crores (repeat: ten lakh crores) given to big businessmen. The activity he has been watching since he was young. In fact, there is no effective control over the banking institutions. They must be ready to shake the Yanken case. It is good that Narendrabhai Modi has brought a digital payment system so there is no need to go to banks.
If you go, there are some hawks sitting there to sell you insurance or insurance blended mutual funds. Shame on you and sell you insurance or savings schemes. Give wrong information. A bank has even hired managers who will only go up with hi’s and hoots from the middle class. Hey banks job is to sell other companies insurance? That too by telling lies or half-truths? Certain details are kept secret which ultimately leaves the investor in a bad mood. The salesman staff will say that sir there is a one time payment scheme. But keep it confidential that the payment is one time in a year and has to be paid ten times up to ten years. Nirmalaben came to know about this practice late as the Finance Minister. Late aye durst aye, but by then many people have had to do policy laps. Billions of crores of rupees are going to the people like they were going to Punjab-Maharashtra Bank and Yash Bank in Mumbai.
Now that people have lost faith in such policies, mutual funds and banks themselves, Nirmalaben felt the need to advise banks to stop such ‘unethical practices’. If the officials who stole millions of crores from the banks had been hanged like Afzal Guru or the Nirbhaya case accused, then there would not have been three decades of looting and white-collar raiders would have danced in cruisers in the middle of the night. wouldn’t have This happens only when the top to bottom syndicate works together. Meanwhile, another loan scam of four thousand crore rupees has come to light in Kolkata yesterday. what did you say Stopped counting now?
– The views expressed in this article are the author’s own.