As the profit of India’s largest bank state bank of India reduced drastically for Q3 2016, and other public sector banks like bank of India reported a loss of Rs 1500+ crore, oriental bank of commerce a loss of Rs 425 crore, the stock market crashed again on 11 February 2016, as it increasingly became obvious that the non performing assets of these banks would affect their profitability and the indian financial sector.

Today it has become extremely difficult to do business in India, especially for those who are not well connected, due to the rampant atrocities, persecution of the all powerful indian intelligence and security agencies who cannot be held accountable or identified. These officials are extremely unreasonable, cruel, corrupt, careless, arrogant, unpatriotic and waste a huge amount of indian tax payer money defaming without proof, harassing harmless small business owners to torture them, causing great pain, make it impossible to do work, make a profit.

These officials can leave the small business owner alone, it will not affect national security or interest, and save tax payer money. It would be interesting to do a detailed analysis of the companies which are making a loss, whose revenues have reduced, contributing to the non performing assets of the bank, what are the factors which are contributing to the problems.

When it is extremely difficult for small business owners to make any money, how can they repay their loan to the public sector bank. When the government bank will make a loss, ultimately the indian government makes a loss, due to the poor systems, incompetence, corrupt, greed of their own intelligence and security agency officials who are allowed to run amok without being held accountable .