"RBI:'We will infuse some funds to
the PSU Banks to improve the conditions of Indian Economy. Lending
rates may go down a little bit.' PSU BANKS:'Are we diabetic patients
or what? We are feeling as if you are giving insulin to us every year
without going for proper planning of Indian PSU Banks. Pumping in
money is not a solution, because the number of doubtful assets or NPA
will eat up all those pumped-in money in the name of NPA provisions.
We want RBI to step in directly to take charge of recovery of bad
assets in an aggressive manner with all legal weapons of Indian
Constitution. Ultimately, to save Indian PSU Banks, RBI has to act as
an aggressive Captain in the near future.'"-Arindam Sain
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