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Reliance Def

banks_specialist
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53 Messages

Some banks still not make this company in the NPA and that is all private banks but two public sector bank make this company in NPA list. When i search why private bank not included its in NPA , i found the reply that the private bank well knows that the crore of rupees comes in the books of company on a particular time in which money released from govt accouonts. The govt not paid on monthly basis or quarterly basis due to that they not make in NPA . This a good decision and if we compare its to a builder company which took loan and promised to pay on monthly basis but from where he paid next month because we all knows the construction work take long period and thereafter selling the units the company paid principle and interest. so the period in RNAVAL is much more becuase ship and war ship not made in a single month or 6 months its took years. so now i am more bullish on this share.

12.56 AM Jun 15th
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