Loot of CORPORATES .... But Govt is going to give License to these Corporates to start their own banks...Comrades ! Protest against the new Bank Licensing Policy...Protest against Bank Licence to Corporate Houses...

Gross NPAs of PSU banks have risen from Rs.71,080 crore as on March, 2011, to Rs.1.55 lakh crore as on December, 2012, of which corporate accounts constitute 53.68 per cent.

Of this, about 172 corporate accounts are NPAs of more than Rs.100 crore at the end of December, 2012. The amount involved in such cases is to the tune of Rs.37,194 crore.

-Finance Services Secretary Rajiv Takru during a meeting with CEOs of public sector banks in New Delhi  on Monday( 18-03-2013).