Total Non-performing asset (NPA) of indian banks as of December 2017 was* *₹ 7,63,000 Crores from 500 Default companies

Today whole of India is worried about a Fraud of ₹11,345 Crore fraud by Nirav Modi.
All Political Parties are blaming the opposition for the Fraud.

Now if you read the message below you will find Frauds of Vijay Mallaya and Nirav Modi as Babies.
*Total  Non-performing asset (NPA) of indian banks as of December 2017 was*
*₹ 7,63,000 Crores from 500 Default companies.*
Now read the figures of Debts of top 12 Companies which will never be paid to Banks and we never heard of this defaults anywhere....
-Bhusan Steel  ₹44,478 Crore.
-Lanco Infratech  ₹44,364 Crore.
-Essar Steels  ₹37,284 Crore.
-Bhusan Power  ₹32,248 Crore.
-Alok Industry  ₹22,075 Crore.
-Amtech Auto  ₹14,084 Crore.
-Monet Ispat  ₹12,115 Crore.
-Electro Steels  ₹10,273 Crore.
-Era Infra Eng ₹10,065 Crore.
- J.P Infratech  ₹9,635 Crore.
-ABG Ship Yard  ₹6973 Crore.
-Jyoti Structured  ₹5,165 Crore.

*Where did this Money Go .....????*
*Why everyone is quiet about it...??*

All Figures verified by The Wire Channel and you can read stories of each Company’s Default on Google.

BIG PUBLIC SECTOR BANKS ARE GOING TO COLLAPSE IN JULY

[25/02 2:29 am] ‪+91 98465 94136‬: We were preveleged! We had servings of acidophilus bacteria parlour in every village to curb fungus growth.. cancer. Toddy parlour
[25/02 12:11 pm] ‪+91 94471 69591‬: *WARNING: BIG PUBLIC SECTOR BANKS ARE GOING TO COLLAPSE IN JULY*

The Media will never tell you this story. Read on.

Two years ago, RBI Governor  Raghuram Rajan ordered all banks to declare bad loans. Till then, all banks were hiding the loans taken by big corporates which they hadn't given back.

Vijay Mallya is in the news for not paying back Rs 7000 crore. But the paid media will never tell you the other BIGGER names. Here are the top three:

👉🏻GMR group: Rs 36000 crore
👉🏻Gautam Adani Group: Rs 42000 crore
👉🏻Jindal Group: Rs 39000 crore

These are ONLY three names. There are 10 BIG companies who have defaulted on Rs 40000 crore on an average EACH.

ONE loan default, if recovered can pay for:
👉🏻 Complete employment guarantee for the whole country for one year.
👉🏻 Primary Healthcare for 80 crore people
👉🏻 Poverty will go down by 2% for EVERY loan recovered.

The total amount of money that these big corporates owe to OUR Banks is Rs 7.7 LAKH CRORE.

This is the BIGGEST SCAM that India has EVER seen!
👉🏻 2G scam was Rs 1.7 lakh crore
👉🏻 Coal scam was Rs 80, 000 crore
👉🏻 Lalus चारा घोटाला was 8000 crore
👉🏻 Maharashtra Govt's irrigation scam was Rs 40,000 crore

THIS SCAM IS 10 TIMES BIGGER AT *Rs 7.7 LAKH CRORE*

The BJP Government is HIDING this from all of us and paid the media to ONLY do stories on GAU Raksha, Vijay Mallya, Modi speeches, Kejriwal's failures, P Chidambaram's raids so that WE NEVER FIND OUT.

This month, BJP passed a law which allows the Modi Government to completely control RBI so that it does whatever they tell them. RBI has been directed to let these big corporates off the hook and the Government will give TAXPAYER MONEY (Your money) to these Bad Banks.

THERE WILL BE A CORPORATE LOAN BAILOUT and these CROOKS WILL GET AWAY.

To collect MORE money from us, they are bringing in GST, they are attaching Aadhaar with IT returns to TRACK and EXTORT taxes from middle class hardworking people.

*Some of these loans are going to DEFAULT in a month. After that, our BANKS ARE GOING TO COLLAPSE one after another.*

After they collapse, the Government will GIVE taxpayer money to save them from crisis. The Government is giving out ALL fake figures to show that everything is fine.

*NOTHING IS FINE. IT'S GOING TO GET WORSE.*

THIS IS A WARNING TO ALL INDIANS. BEWARE. DONT TRUST THE PAID MEDIA AND KEEP A WATCH ON THE BANKS.

*FORWARD THIS TO ALL INDIANS AND TELL THEM ABOUT THIS SCAM. THIS ONE IS GOING TO TAKE INDIA DOWN WITH IT.*
🇮🇳🇮🇳🇮🇳 SAVE INDIA 🇮🇳🇮🇳🇮🇳.                forwarded as received on whatsapp.

Banks to secure the forcible dispossession of the very residential homes of borrowers covered under the Small and Medium Enterprises Act.*

*Press Release*

*The Hon'ble the CJI has been gracious enough to grant the plea of Sri Nedumpara for the emergent hearing of a WP by one Sri Santhosh Nayak challenging the validity of the SARFAESI Act in so far as it empowers the Banks to secure the forcible dispossession of the very residential homes of borrowers covered under the  Small and Medium Enterprises Act.*

*Sri Nedumpara had to seek the leave of Hon'ble CJI which His Lordship was pleased to graciously grant to mention the WP of Sri. Nayak which had to be instituted in view of the dispossession of Shri Nayaks home tomorrow at 11 am.*
 
*The plea of Sri. Nedumpara is that the SARFAESI Act is no draconian enactment in so far as the big borrowers who defraud the Bank by availing of thousands of Crores of rupes like Mallays, Nirav Modis without offering any collateral security are concerned, in stark contrast to its effect against the small time entrepreneurs who offer securities far in excess of the loan availed of, namely, even their only residential homes, which are forcibly dispossessed of, without affording them the care and nursing which they are entitled in terms of the MSME Act.*

*The MSMEs are the real backbone of our economy in the sense that, without them the big industries cannot exist. The MSMEs provide for more than 60% of the total employment. The merciless action of the Banks under the SARFAESI Act has led almost 40% of all MSME units die out of sickness without being extended the care and nursing the MSME Act provides for.*

*The above case is listed for hearing before the CJI in the supplementary Board.*

*New Delhi*
*5 March 2018*

A C Philip, Advocate