Page 37 - demo
P. 37
were shown by the PMC Bank The biggest worry is that this crisis at PMC Bank
After -Effects Now, main stakeholders of bank fear can have a cascading effect. Nearly 130 smaller
that they might lose their lifetime earnings banks have deposits at PMC Bank, and if the lender
deposited in savings accounts or in the form of fixed is unable to return the money, all these small banks
deposits. will have to mark their deposits as NPAs.
After PMC bank incident, one thing is clear that it’s The way ahead remains uncertain for PMC bank
not safe to keep all your eggs in the same basket. depositors. The only hope is, if the bank is merged
The deposit insurance is also only Rs 1 lakh as of with a strong commercial bank. It can ensure that
now. the depositors can get their money back.
Poem
ANYWAY
People are unreasonable, illogical and self-centred
Love them ANYWAY.
If you do good, they will accuse you of selfish
undisclosed motives
Do good ANYWAY.
Deepti Deshpande
If you are successful,you will win false friends and true
enemies
Succeed ANYWAY.
Honesty and frankness make you vulnerable
Be honest and frank ANYWAY.
The good you do today will beforgotten tomorrow
Do good ANYWAY.
The biggest people with the biggest ideas can be shot
down by the smallest people with smallest minds
Think big ANYWAY.
People favour underdogs but follow only top dogs
Fight for some underdogs ANYWAY.
What you spent years building may be destroyed
overnight
Build ANYWAY.
Give the world the best you have and you will get kicked
Give the world the best you got ANYWAY.
34