Gujarati Can Show a way to Resolve MSME NPA Problem
With prime mister being Gujarati, Mr.Hasmukh Adhia being Gujarati and a lot of jewels Gujarat has given in last 300 years.
Basically, Gujarati’s are trading and enterprising people and they have got 26 words for settlements and they believe in keeping relations live
For last few decades, more particularly after M.Narasimahann committee, Banks are supposed to work on commercial line.
The connections between Gujarati and bank handling NPA in MSME, the way Gujarati takes a progressive approach for settlement is lacking in today’s banks.
For the last few newsletters, I am writing for Attitude of Banks and a few cases, I have given where I have raised the issue of Attitude.
Recently SBI, Kachiguda SAM Branch has done the same, where on one side they are discussing for the revival, they have given showcase notice for willful default.
I fail to understand whether they are applying pressure technical or left-hand does not know, what right hand is doing?