Sunday, May 21, 2017
Capital infusion in Banks
Mr, Prime Minister,
Recently few Indians were categorised among richest in Asia including Mr Mukesh Ambani who owes Rs 1 Lakh crores to Indian banks. Rich are holding public money and yet Public sector banks need more infusion of capital.
Suggestion;
No one can call himself or herself rich at expense of tax payers money. Every corporate who owes more than 20,000 crores to banks be asked to reduce their outstanding to banks by atleast 10% every year.
PMOPG/E/2017/0326090
Kapil Dev Aggarwal
Recently few Indians were categorised among richest in Asia including Mr Mukesh Ambani who owes Rs 1 Lakh crores to Indian banks. Rich are holding public money and yet Public sector banks need more infusion of capital.
Suggestion;
No one can call himself or herself rich at expense of tax payers money. Every corporate who owes more than 20,000 crores to banks be asked to reduce their outstanding to banks by atleast 10% every year.
PMOPG/E/2017/0326090
Kapil Dev Aggarwal
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