Anyways…It is in the hands of RBI and I am sure that industry players conveyed their views and sanity prevails…I am ok with any of the accounting related jugglery rules ( provision etc)as long as loan is recovered…In a way , I prefer lumpiness which gives opportunities to add the stock as most of the market players prefer certainty…RBI shall keep big stick first sothat industry players ask for small stick…If RBI itself keeps small stick , industry players shall ask for No Stick…These are things which are not under any of our control and the past clearly has reasonable amount of bad loans given to pvt players by these power psu nbfcs…I only hope they give fewer bad loans…
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