India Inc's efficiency becomes bankers' headache

 Three years ago, a mid-size company, located in a technology park in a southern city, raised a term loan from a public sector bank at 12.5 per cent.

 Early this year, the company approached another public sector bank to take over the loan. The second bank was too happy to do that, offering 8.5 per cent interest rate.

 But before the loan documents were completed, a third bank