#PMCbank thread 👇
They're all just proxies so it doesn't matter whether they are educated or not. They don't even need to pay attention to the functioning of the bank.
Since the directors are 'apne ghar ke log', this is quite easy to do. Doesn't matter if the entity they are giving loans to has the capacity to pay back or not. Of course.
Yeah. These audits are a joke. Starving underpaid interns do it mostly. Nobody ever blames the CAs after shit goes down, so who cares anyway.
Again, pretty self-explanatory. Now we have these fun things called electoral bonds to ensure these things are anonymous too! So... yaay!
Yeah. They take more loans to pay back parts of previous loans so that they always stay above the NPA radar. Managers know this, but... meh.
Then, suddenly, authorities take a look at the books, find shittiness happening there for years and then take action. Once elections are over, rinse and repeat.
Election times are fun times.
*ba dumm tss*
Look closely and you'll find connections to every party that matters, one way or another.
People like her are the ones who suffer because of this giant scam which has been happening for decades.