Umesh,
Well, you are partly right, I guess. In the final
analyses, though, banks in India seem to be deathly
afraid to to take lending risks. As they (I suppose)
do not yet have a credit framework setup, it becomes
difficult for them to lend. If they make a mistake,
then they have to answer to a number of agencies.
But you are correct, attitude goes a long way, and
that is seriously lacking.
BTW: the pictures were really impressive.
--- umesh sharma <[EMAIL PROTECTED]> wrote:
> looks like the Nobel laureates talk lots of sense
> here. But perhaps their talk is too hi-fi for the
> common Babu (bureaucrat) and the Neta (politician)
> of India.
>
> Umesh
>
>
> ---------------------------------
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