Indian Big Public Sector Banks Going To Collapse in July 2017 Fake

Ayupp

eRumor:
Big Public Sector Banks Going To Collapse in July

eRumor made by – Internet and social media

Confirmation by Ayupp.com – FAKE

More Samples – 

The Loans and the concerns ! *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  टाला 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.

Ayupp Analysis – The above message is viral and there is no confirmation yet from any of the banks or any financial institutions that any such thing is going to happen.  Though this fact is known by everyone that banks have faced a huge financial losses due to the above mentioned scandals and scams.

In July, 2016, Central government injected Rs 22915 crore into 13 public sector banks.  http://www.thehindu.com/business/Industry/Centre-injects-Rs.22915-cr-into-13-public-sector-banks/article14497697.ece

There was one more article which informed that NPAs of PSBs has jumped to nearly 80,000 crore. This was reported on Nov 2016. 

http://economictimes.indiatimes.com/industry/banking/finance/gross-npas-of-psbs-jump-nearly-rs-80000-crore-in-july-september/articleshow/55686030.cms

In Jan 2017, Superme Court had ordered government to make public list of corporate defaulters.   http://www.huffingtonpost.in/2017/01/03/supreme-court-asks-govt-to-make-public-list-of-corporate-default_a_21647067/

In April 2017, central government has handed defaulters name for worth of over 500 crores to Supreme Court. http://indianexpress.com/article/business/economy/over-rs-500-cr-defaults-sc-gets-loan-defaulters-names-in-a-sealed-cover-4617253/

So, there was no news which confirms that Banks in Public sector are going to collapse in July. Its fake news.



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