Shekhar Kapur had also said that the industry doesn't need an IDBI loan. Another condition that irks any filmmakers is the quality tag attached to the loans by the chairman. Mehboob Khan made Mother India. He made Son of India, it did not click. Raj Kapoor made Mera Naam Joker, but his Bobby clicked.
Nobody understands film business.
If they did, they'd be billionaires today. Even after making several hits LV Prasad had to release Ek Duje Ke Liye on his own, because no distributor wanted to touch the film. Nasir Hussain too faced a lot of problem in selling Qayamat Se Qayamat Tak because the stars in the films were new. The trouble with the IDBI is that they are used to granting loans to factories, which produce tangible goods. But a film is not a tangible good.