Hello All,
Effective from today, i would be closely monitoring and will make an effort to make people of ANDHRA PRADESH realize on Nara Chandrababu Naidu governance. Please keep a close watch on this blog and be enlightened.
yours
Mahesh
Post1 Date:08-06-2014:
The Andhra Pradesh government’s proposal to waive farm loans of around Rs 54,000 crore is a negative for the banking sector, feels Arundhati Bhattacharya, Chairman, State Bank of India . In an interview with CNBC-TV18's Latha Venkatesh and Sonia Shenoy, she said the Indian Banking Association was likely to protest the move.
Read more at: http://www.moneycontrol.com/news/business/andhra-govt39s-farm-loan-waiver-plan-negative-for-banks-sbi_1099986.html?utm_source=ref_article
Analysis: Negative development and a populist Move.
