Priyanka slams govt over reports of SBI waiving bad loans

Image
Press Trust of India New Delhi
Last Updated : Oct 11 2019 | 4:00 PM IST

Congress leader Priyanka Gandhi Vadra on Friday attacked the Narendra Modi government over media reports that the State Bank of India has waived bad loans worth over Rs 76,000 crore and asked who has taken this money.

The reports claimed that SBI has written off bad loans worth Rs 76,600 crore of 220 defaulters who owed more than Rs 100 crore each.

"Farmers are being put in jail. The economy is in shambles, people are being fired. People related with PMC Bank in Mumbai are screaming. But for whom is the BJP government waiving loans worth 76,000 crore, while laying out the red carpet? Who has taken this money?" Priyanka Gandhi said in a tweet in Hindi.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Oct 11 2019 | 4:00 PM IST

Next Story