Ep 212: Pandemonium in India's Banks
The Seen and the Unseen - hosted by Amit Varma
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Doing Nothing Is Better Than Doing Things
I think the private sector bank is equally likely to make an honest mistake when they get carried away by whatever the environment of the day may be. But if you're lookingat careless mistakes, or even malicious mistakes, those are more likely to come from the public sector banks. When it comes to evergreening, for example, the incentive seem to me to be pretty much er similar. So yes, there could be some guys who are compromised. But by a large i find that it's not exactly the recklessness or carelessness. It's just, under pressure,. You need to do things, and you have a very short tenure. Unlike sap where you have ten years, 15 years
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