Comment on NSEL fiasco – Does it affect Zerodha?

RainMaker commented on 08 Aug 2013, 08:37 AM

” So presently, there are 15000 investors and around 50 farmers. About 15000 investors whose Rs. 6000 crores is into this spread kind of a contract and on the other side the farmers (50 of them) who have used these funds and not being able to pay back (intentionally or unintentionally). ”

You mean to say that mere 50 farmers have gobbled up 6000 crores of rupees, you may call it a loan or a spread whatever you may like. And we say farmer are not getting loans / are in distress committing suicides etc. etc.

Can one call them farmers by any stretch of imagination ?

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