Waivers of loan by sbi

Recently I heard from some of my colleagues that sbi has waived of around 9000 crore worth loan of various industrialists including vijay mallya. I want to know in which way it is beneficial? If it is beneficial then why not let sbi waive of all the loan belong to middle class and common people. more  

This is what we have to pay for. Our ignorance is DANGEROUS. Kare koi bhare koi. Khaye SARKARI bank babu, bharein ham. Scores of lacs of actual NPAs estimated, to be revealed from time to time and govt banks to be gradually bailed out from PUBLIC MONEY who paid direct and indirect taxes and suffering this Demonetization drive to fill the damage caused by the Bank babus by pro quo lending and NPAs. Mallya being the mask under which all the lakhs of crores of NPAs hidden. His is only 9 thousand crores and his assets much more than that worth from which can be covered. Mallya game a part of this NPA Scam. BANKS ARE NOW CASH STRAPPED & NEED CASH, HENCE THESE TYPE TACTICS AS DFEMONETIZATION. "Poora hisab do" drive.. Mallya took only 9 thousand crores, how about Lacs of crores and hiding it under the Bank babus puppet Mallya, to hide this NPAs scam:- सेवा में, माननीय सम्पादक / ब्यूरो प्रमुख/निदेशक महोदय, दैनिक समाचार पत्र / न्यूज़-चैनल & To All Indian Citizen आदरणीय महोदय, 19 नवम्बर 2016 को समय 12.00 बजे,से जंतर मंतर नई दिल्ली में सार्वजनिक क्षेत्र के बैंकों के ऋण पे निर्णय लेने वाले भ्रष्ट बाबुओं के भ्रष्ट्राचार के खिलाफ एवं अछछे कर्मियों के बचाव हेतु निजीकरण के खिलाफ, एन. पी. ए. करने वाले बैंक में छुपे भ्रष्टों से समस्त भारतीय जनता के जागरण एवं बचाव के लिए धरना प्रदर्शन l कार्यक्रम विवरण आयोजक : आल इन्डिया ह्यूमन राइट्स एसोसिएशन ( एहरा ) दिनांक : 19-11-2016 दिन : शनिवार समय : 12.00 बजे l स्थान : जंतर मंतर नई दिल्ली l आपसे सादर अनुरोध है कि उपरोक्त कार्यक्रम के कवरेज हेतु आप अपने समाचार-पत्र / न्यूज़ चैनल की ओर से अपने सम्मानित छायाकार/ संवाददाता / कैमराटीम/ फोटोग्राफर/ रिपोर्टर को भेजकर कार्यक्रम के उद्देश्य को अपने माध्यम से विश्व की जनता तक पंहुचाने की कृपा करे l सादर, हुसैन अहमद 91- 7071056353 Email: hussainconven@gmail.com www.aihra.org PS Main delegation reaching 20-11-16 more  
Sorry .some typing error Our Hon.PM should not allow such things now. My request is ::Sir,bring the culprit A) who has allowed to sanction such a big deal without getting proper security . B) the money is belonged to any individual. It is amount belongs to Government . C) who has allowed the man to go out of our country? D) who has allowed to waive off the loan? They are only custodians of public money. They are not owners. Sir, please appoint a fact finding committee having sitting Judge like who has given verdict to tamilnadu CM ' S case. Culprit should be heavily regressly punished without considering position. THEN ONLY YOU WILL GET FULL CREDIT ON YOUR SURGICAL OPERATION. FOR THE NATION AND PUBLIC WILL YOU PLEASE DO THAT SIR., WITH PRANAMAM TO OUR GREATE MAN PM. more  
Today "THE HINDU " NEWS ABOUT WAIVING of MALLAYA'S LOAN 1. Who has given permission to sanction such a huge amount to loan without any proper securit? A) To get loans for agriculture,education and housing the bank people asks so many questions,security and collateral security for a small loan amount. B) repayment : the bank people will have no patience. Even They will try to attach the properties. Becos. Of their harassment only the farmers are venturing suicide. Five or six months back there was a case in the tamilnadu high court regarding a attachments against a tractor loan. The Hon. Judge asked the Bank why you are so harsh for a one time default. What action you have taken on other big loans given without security. You can verify the same with court in Tamilnadu. C) the government is more interested to collect the electricity bill. If we late by one day they will come and remove the fuse and reconnection we have to pay above the table and below the table. The below table money given to come immediately to put the fuse. Otherwise the staff tell so many reasons. D) in Tamil Nadu the Government have to get some 28000 crores from one foreign cell company. They have closed the company n gone. No bothering to the Government . What about the fate of those workers who are not in way connected the bad loan? THE PEOPLE IS NOT UNDERSTANDING THE LOGIC BEHIND THIS. ONE SIDE THE GOVERNMENT PUT SO MANY RESTRICTIONS TO ERADICATE THE BLACKMONEY.NOW NOW. OTHER SIDE THE GOVERNMENT ALLOWING SUCH WAIVEOFFS. THE COMMON PEOPLE WHO ARE NOT IN ANYWAY CONCERNED IS SUFFERING FOR WANT OF MONEY TO MEET THEIR DOMESTIC NEED. The people will stand with the GOVERNMENT regardless of their political affiliations if they are not a THE PEOPLE WILL STAND WITH THE GOVERNMENT REGARD LESSER OF THEIR POLITICAL THE PEOPLE WILL STAND WITH GOVERNMENT REGA THE PEOPLE WILL STAND WITH GOVERNMENT REGARDLESS of their POLITICIANS AFFILIATION. THE more  
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