CORRUPTION IN BANKS Banks are fast emerging into mine fields of corruption, The bad loans and advances cost the depositors huge losses, though the effect is not direct with one to one correspondence The bankers show maximum courtesies to loan seekers and pander to them selectively The emphasis on loan advances takes a priority over resource mobilization, which are taken for granted. The service to the depositors and charges are rising without any benefit t to them. A large share of profits is gobbled up in paying salaries and perks A special interest is demonstrated in encouraging loans, where there is subsidy content. The demand in bribes can be in the bracket of 20% which should not bother the seeker ,being a small part of Govt. subsidy The delays and , harassment are a deliberate part of the strategy The Govt subsidy is immediately appropriated towards loan installment The speed of loan sanction depends on the percentages coughed up to satisfy the greed of the sanctioning authority, The truth is that the higher authorities are hand in gloves with these malpractices to reign in the subordinate functionaries These casually scrutinized ,unviable loans of doubtful integrity are tailored to acceptable guidelines for immediate release and later result in bad debts, which are eventually written off. These then are accumulated into non performing assets Need to curb these demands of percentages, as the loans are for development and subsidy is the encouragement. Nelson Lopes Chinchinim 9850926276