AIBEA Circular For the Campaign On Bad Loans
CIRCULAR LETTER No. 27/207/2016/40
TO OFFICE BEARS/STATE FEDERATIONS/
ALL NDIA BANKWISE UNIONS
We need to step up our Campaign on Bad Loans
We are aware that AIBEA has been undertaking a consistent campaign on the issue of increasing bad loans ever since the time of late Com Tarakeswar Chakraborti. Our campaign and struggles have helped to catapult the issue to national focus and today it has attracted the attention of the Government, RBI, press, media and various other sections of the people. Today no one can brush aside or ignore the issue of NPAs in the Banks. Our hitting hard on the issue of kingfisher Mallya has also helped to keep the issue alive and to mount pressure on him to repay the money.
Similarly, our campaign has also attracted the attention of various organisations who are discussing the issue from various angles. Lastmonth, we were invited for a Workshop by Centre for Financial Accountability (CFA) to address them on increasing NPAs in Banks. Ourviews and input were well received by the participants.