Skeletons in the closet: India's bad loans getting messier.

 Is there any reason found by all these so called economist ,this problem not with us but with all the nation across.

In India it is worsened due to all political interference, actually in the name of poor here people enter in the field but very little had been done for the poor. These all political leader either helps to super rich industrialist or otherwise  kiths & keens of their own .

These bankers are the most culprit of the system they are now working as if they are government part & no anatomy of the financial sector is maintain, this has been increased in the tenure of congress as they literally hijacked the system for their betterment & to increase the vote share .

what they have done they started "LOAN MAFI "  to farmers who has benefited! from this the richest farmer of the area.

 all government schemes to whom they are benefited? either the relatives ,or the members of the political parties or the existing customers are they real beneficiaries?  no their proposals are twisted 

& the main system behind this entire malfunctions is inside bank .

The bank debts are in danger because of these type of customer ,they  are the main artist as they have baking of the political or the community.  

If we start to analyze this debt % we can easily get the exact root cause of this  I am not economist but i can tell you the 75% of the debt percentage is some how related with political or the bigger players in the market or some % is related with bank employee .again the asset or the property mortgaged are of these people either over cost or of no use or they are mortgaged twice or even in some cases three times

The new approach of so called private  banks and their learned target oriented MD'S they want show the bank growth by hook or crook . 

these new generation mangers are forced to distribute loans at any cost they have targets to distribute loan, what they do is sheer fraud by adjusting the papers  but the bank it self keep mum on these systems .

Slowly  keeping  money in these banks are becoming risky proposition .they will learn only when depositor  will find out some other safe option .