Big Public Sector Banks Going To Collapse in July

eRumor made by – Internet and social media

Confirmation by – 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:

About The Author

Chetan Sharma is an Indian fact-checker and news writer, writing news for Ayupp since 2014.

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