Welcoming The New Financial Year: A Note On Corrupt Banking Practices

From hawala to cybercrime and from non-performing assets (NPAs) to wilful defaulters, the Indian financial stress and fraud journey seems to be expanding faster than the universe. All talks about individuals and businesses failing to honor loan repayments but not a word spoken about corrupt banking practices. And evil practices not just by bankers or borrowers involved in the transaction but also by valuers, accountants and everyone who inherently become a part of this complex system.