BANK FRAUD MERGER BIPERTIE

As of now everyone is aware about the position of Banking Sector and after the case of NIRAV MODI, everyone is advising PSUs for improvement in working even though they do not know the even ABCD of Bank. Anyway, the only banking industry is responsible for the same due to adopted wrong practices for gaining the short term benifits. I always fail to understand: What is the purpose of Loan Mela. If PSUs would improve their services basically IT enabled services and would focus to reduce TAT for services would more than enough for growth. What happens in Loan Mela is known to everyone. I have never seen the person who defaults is in trouble, its always a banker who has all the worry to ensure the account as standard. Unfortunately, i have also become the part of such worry. There must be a worry to borrower for repayment not the Banker. Since bankers are not GOD or superhuman who will read the intention of borrower while sanctioning loans. They go by the paper and their experience and if finds correct, they go ahead. It is the borrower who has no will to repay the loans due to obvious reasons and RIN MAFI Schemes are one of them. In place of RIN MAFI, there should be other way to help the needy people. As RIN MAAFI always hurts the honest people and developing the tendency of default or make RIN MAFI to all including who paid well in time. Fraud: Today it seems that account turning into NPA is being called as a FRAUD particularly after the case of NIRAV MODI, but that is not right at all. As explained, account turns into NPA when borrower does not pay and sanctioning after the following norms, just due to bad intent of borrower, banks cant be responsible. Fraud may be called where bank's did not comply the guidelines properly and ignored the same due to malafide intention/ give specific benifits to individual.