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loan waiver banks
by ramani-mumbai on Jul 02, 2008 06:02 AM   Permalink

when the bank busts like south indian co-op bank the depositors are left high and dry.none is there to protect their interests.

what is the use of deposit insurance??

It is time the courts intervene to protect the depositors as well, since the Govt wud not come to depositors' rescue.

any takers????

K Ramani
Mumbai 2/7/08 geetaramani14@rediffmail.com

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Farm loan waiver will hit banks hard