Vote Bank Strategy – 17

Continues from previous post –

My suggestion comes from this observation. If banks open and manage the business as their fully owned subsidiary and they appoint their able officers to manage the everyday business and all business decisions. There will be no difficulty in making that project feasible and profit making. When banks no more have to beg culpable or crony businesses to borrow, rest of the evil will be automatically avoided.

In view of this brief explanation, I have some suggestions to your honorable self; Sir, Reserve Bank will allow all desiring banks to open their own fully owned enterprises of various types of business activities as their fully owned subsidiaries. Banks will not take any partner in such business excepting for technical assistance.

I recommend some palpable business proposals. They are hospitality, health, manufacturing medicines, manufacturing of various sellable 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.

Continues in the next post –

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