Greetings! I am Dr Sujata Mittal working as cancer specialist in Rajasthan. This is to highlight appalling treatment meted to me and my family by CGM, DGM and AGM of Stress Asset Management Branch of SBI, CP, New Delhi. It is very painful that on one hand the government of India, the finance ministry and RBI are pushing hard to reduce the NPAs in the country while on the other hand above mentioned SAM officials of SBI, Delhi have stalled all our efforts to repay. They are hell bound to auction our property and Cancer Hospital knowing well that auction specially of hospital is a long and cumbersome process. Are they in harassing mode or there is rampant corruption in SAM Branch of SBI? Loan for cash is known entity in Banks and reason for high NPA in topmost Public sector bank of India is highlighted by the research paper by PSA, Delhi” Down the rabbit hole, what bankers are not telling you.”
We had taken loan in 2006 for building Charitable Cancer Hospital at Alwar, Rajasthan. Hospital became operational in 2008. In 2009, we were declared NPA. Since 2010, we have been trying to repay the bank through selling our mortgaged property but all our efforts have gone vain as permission was not granted there by leading to piling of interest. Since Dec 2012, through bank adalats held by SBI, we have been negotiating for One time settlement(OTS). Our investor has been repeatedly blown away by this team. Between November 2014 and March 2015, we had deposited DD of Rs 50 lakhs twice after discussion of OTS in Bank adalat of SBI which reflect our seriousness to repay. Not only our repeated OTS proposals were rejected but reason for rejection of OTS were also not informed .Even RTI filed by me failed to reveal the answer. Moreover, DGM Mr K.B Sharma informed us of mysterious investor who was supposed to pay the value bank has quoted (Rs. 17-18 Crore. Not only DGM in this way delayed the matter, thereby leading to backing out of buyer/investor but also piling of interest. They even refused to divulge the name/address/mobile number of this mysterious buyer .Our DD of Rs 50 lakhs has been returned twice. Even Valuation of our property has been changed according to the whims and fancies of these officials by Bank approved valuers. They have refused to divulge with the information regarding the valuation report even after filing RTI.
I can you the evidences. One is audio clip in which DGM is talking about their investor. Another is answers given by the Bank for the RTI’s filed by me.
E-Auction of Cancer Hospital and our Rohini property has been posted on 23/7/2015. It is high possibility that the investor suggested by DGM will buy this hospital during e-auction of the bank as now these officers are selling our property at distress value. Due to e-auction notice, our staff has started leaving us there by forcing us to close the operations of Hospital prematurely. Also, some of the patient’s treatment are jeopardized as Cancer Treatment normally takes six months to complete. This Hospital is the only Cancer Hospital at district level in Rajasthan. As per WHO reports,Rajsthan requires at least 25-40 radiotherapy machines to treat the cancer patients in the state. Also, this Hospital had largest Blood Bank in whole district of Alwar. SDP required for dengue patients is available in this Hospital only. .So, I request you to look into the matter on urgent basis as media can only highlight exploitation in Banks.
Complaint is against:
CGM Mr Rajiv Krishnan from Head office Mumbai
DGM Mr KB Sharma , SAM Branch, SBI, CP, New Delhi
AGM Mr Praveen Jain, SAM Branch, SBI, CP, New Delhi