amitabh chaturvedi::Rbi regulations are clear financial houses not allowed in banking.
Which was followed and now a professional board in place.
I agree, there was lethargy but with a new team in place the bank has performed and profits have approx doubled every quarter.
Mr anil ambani can change entire financial scenario of the country if he enters into banking sector.
The reliance also can substantiate its position stronger than any other group in the country.
The biggest market in the countryurban, semi urban and small towns still under the cluches of govt and old generation banks.
Only reliance with its broad network and manpower can enter into this field and show the door to the people who always run behind bigger cities.
When the big keys like anil ambani who enters in the financial banking sector can have a better coverage unlike others who still not sufficient to clutch the unutilised pockets in terms of financial inclusion.
So be wait for the same to happen which will threshold the indian private banking entity.
I dont like to loose our property as we are fighting against federal bank merger with catholic syrian bank.
My forefathers created this finantial institutions with their vision for a bright future for our land thrissur.
It has been formed with its responsibilities.
If we are not looking after those as needed it will be taken and we will be forced to hand over to foreign institutions and they will mix their culture with it and kills the old.
Thats why so many mergers are taking place and some good banks are remained to count on your fingers that too with a high stress.
If foreign takeover are happening our guys will be de promoted or the authorities will be their guys we will have to obey their rules and procedures.
It wont be an ethical value ba it sed.
Will be just for business.
Hand overing to the mightiest.
The thrissur will be promoting all type of financial institutions.
Its like land of finance , culture , festival ,.
We have to protect our nation , people , finance bcoz without finance in the coming future nothing can be happened.
So we can think and do for our nation.
Without loosing moral values by seeing so much money as selfish.
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