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I recommend some palpable business proposals. They are hospitality, health, manufacturing medicines, manufacturing of various sell-able products, real estate, small shops to sale consumables and warehousing. Actually almost any business activity that the concerned bank can visualize as profitable they can enter. This gives the banks strong and complete control on that business, thereby profitability will be more assured. Officers who will manage them with profit will be rewarded handsomely in addition to their regular salary. Incentives will help make such businesses feasible.
Bank will have their market research department to search out appropriate proposal to invest. Just the way they scrutinize project proposals of clients they will study their own businesses with equal care. Chances of failures will be minimized if bank appoints an honest officer to attain the business. Because, banks are equipped with better money backing they have better chances of survival in competitive market. I visualize, if no interference comes from stakeholders of politicians, this solution will bring banks in safe position. Important point is if banks can do well in self-businesses, they need not bother to search for borrowers. Business is an art and a part luck but modern commercial expertise has reduced chances of failures to a great extend. Therefore, I request you to consider my suggestion and give it a chance by consultation with some banks that are willing to try it. A serious effort required to make it feasible. Many bank officers have shown interest in it.
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