Less loan distribution in Muslim areas, says Asaduddin Owaisi

Owaisi said that ATMs in Muslim-dominated areas were not functioning

Asaduddin Owaisi
Press Trust of India Mumbai
Last Updated : Dec 13 2016 | 3:52 PM IST
Attacking the Modi government over demonetisation, AIMIM president Asaduddin Owaisi claimed that adequate bank network was missing from Muslim areas.

"In many Muslim areas, banks are not present in the manner they should be. The proportion of loan distribution is also less (compared to other areas)," Owaisi said, after a meeting at Udgir in Latur district of Marathwada region on Monday.

"ATMs are not there. This is what is happening. People in the entire country are facing problems," he said.

"ATMs in Muslim-dominated areas were not functioning. If a bank is open (in Muslim areas), it is declared 'red zone'," the MP from Hyderabad further said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 13 2016 | 3:13 PM IST

Next Story