
Ep 212: Pandemonium in India's Banks
The Seen and the Unseen - hosted by Amit Varma
00:00
How Are They Giving Bad Loans?
Banks are seduced by the lure of credit growth. They fail to do due diligence and project appraisals done externally at face value. When they ran into trouble, they also tried to cover it up. Publiceta banki is all about target. It then hocks the so first it's te a roller for the project aprisal, which it of courts. And then it becomes a project syndicator. Then how does it sell? Because, as vi is the lead lender, others get carried away - everybody wants to be there.
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