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Comments by "Raju" (@rajx7120) on "Here’s Why Mukesh Ambani’s Reliance In Talks With Six Banks Seeking $3 Billion Loan…" video.
Reliance has never defaulted on its loans.
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@sankadines He has never defaulted. Only farmers default. And that too big farmers also get farm loan waivers after all the subsidies.
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@ManOfSteel1 wherever they are, they did not default on any loans. So, the question is moot. Reliance industries credit rating is even higher than the Govt of India. The entire world trusts Reliance more than GoI to repay loans.
1
People don't want jobs in this country. They vote for free free free free. Until govt goes bankrupt and inflation touches sky high because of that.
1
@pralahadpatil2069 6000 cr rupees is peanuts compared to the billions he is borrowing. And unlike govts he is not giving freebies from that loan. He invests that money which creates business and jobs.
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@pralahadpatil2069 They were merged because big banks have better combined capital. The idea was that, bigger banks can use capital more efficiently. Baroda is not loss making. It's actually one of the more successful PSBs. They have good products for Home loans actually.
1
@alileevil How are you concluding, it's Indian taxpayer money? Banks don't keep tax money. They have depositor money, and even create money through loans. And Reliance has never defaulted on its loans. It is due to ppl like you, jobs are not created in this country.
1