According to Informed Sources, Bankers from Hyderabad and surrounding areas had a meeting with Prime Minister Sri Manmohan Singh to discuss problems arising from the political crisis in the state. They informed the Prime Minister that few thousand crores were given as loans to various business establishments in and around Hyderabad, in the event of a formation of separate state they expressed fears that it would result in a situation wherein the banks would not able to recover the given loans and ultimately lead to bankruptcy. An economic expert that he is, they urged the Prime Minister to come with amicable solutions to deal with the impending crisis.
A typical US type of situation awaiting Hyderabad. Have to wait and see how the Central govt. deals with the current situation..
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