Ep 212: Pandemonium in India's Banks
The Seen and the Unseen - hosted by Amit Varma
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The Blunder Lessons of the Bankers
There was so much money in the system, yes, the would juster haps e lot of a lending that went on. No one wants to take a risk because allegations of corruption were hude. And what happened is all these infalstructure companies had taken these loans, but now the project isn't happening. So what dod they do? They kept find ing away e out dutyo,. You know, various sort of tricks like evergreening and er, you know, restructuring and other euphemisms which came in. Their blunder lessons. In fact, you refer to the senor bookas per psychosis and a alga s lovely phrase. And i'll come to dat
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