April 24, 2021

In 2017 Shareholders of NBI Industrial Finance Ltd Deprived around Rs. 3000 crore.

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1 comment:

Ashwani Kumar Aggarwal said...

NBI Industrial Finance Ltd . was known , before Nationalisation ,as The New Bank of India ,---------- One the many Banks which later merged with Punjab National Bank was New Bank of India .
It is matter of great pride for us that Late Dr. Ganeshi Lal Aggarwal ,founder of New Bank of India , was father-in-law of my maternal uncle ( real Mamaji ) Dewan Brij Kumar IFS ,Former Ambassador of India..
Mamaji , BA LLB ,would tell us how , once before 1947 , his father-in-law told him " Why do you not join the Bank ?" .
Mamaji did not want to join.
He answered " Bauji , you know how terrible my handwriting is - Debit ki Jagah Credit Pada jayega aur credit ki jagah debit ".
Mamaji was told not to come near the Bank.
In those days ( no computers ) those applying for a job in Banks had to write their application in their own handwriting. A good legible handwriting was an important consideration.