The Scams and Bad Loan figures in the article linked below, is mind boggling.
Add to that the latest news of figures of cheating by Bank employees themselves: Rs.2,450 crores = USD 380 million). It’s certainly open season on Indian Bank assets for both cheating employees and customers. Why you should worry about bank scams and bad loans - http://timesofindia.indiatimes.com/business/india-business/why-you-should-worry-about-bank-scams-and-bad-loans/articleshow/63078137.cms?utm_medium=referral&utm_campaign=iOSapp&utm_source=email Roland Francis 416-453-3371