By now the number of times the name Mallya has been spoken or written must be running into millions. It is there in the media - print, electronic and social - as well as serious debating platforms like the parliament.
The name appears in conjunction with banks, previous Congress government (CG) and the current BJP government (BG.) Though I have not carried out a statistical analysis myself, I suspect that if you were to do so, you will find the number of times it is associated with CG or BG exceeds the number of times it is associated with banks. In the debate in the parliament, charges were traded between Congress and BJP as to who was in power at those points in time when the loan was sanctioned, renewed and finally the borrower allowed to flee.
Neither CG nor BG tried to make a point that banks are autonomous and the government does not try to influence their commercial decisions. I wonder if this tantamount to a confession by both of the top two political parties of India. And if it is so two questions arise. Does it seem likely that anyone in IDBI or any other bank could demand a gratification if a directive was received from the party in power? And the second, why is ED not calling FM officials too for questioning?
Banker friends may like to comment on this.
The name appears in conjunction with banks, previous Congress government (CG) and the current BJP government (BG.) Though I have not carried out a statistical analysis myself, I suspect that if you were to do so, you will find the number of times it is associated with CG or BG exceeds the number of times it is associated with banks. In the debate in the parliament, charges were traded between Congress and BJP as to who was in power at those points in time when the loan was sanctioned, renewed and finally the borrower allowed to flee.
Neither CG nor BG tried to make a point that banks are autonomous and the government does not try to influence their commercial decisions. I wonder if this tantamount to a confession by both of the top two political parties of India. And if it is so two questions arise. Does it seem likely that anyone in IDBI or any other bank could demand a gratification if a directive was received from the party in power? And the second, why is ED not calling FM officials too for questioning?
Banker friends may like to comment on this.
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