The government has not waived any loans of big NPA defaulters, Finance Minister Arun Jaitley said today dismissing rumour that loans of capitalists are being written off by banks. In a blog, Jaitley said that over the last few days, a rumour is being propagated regarding waiver of loans of capitalists by banks. Observing that the time has come for the nation to be apprised of facts in this regard, he said one should ask at whose behest the loans, which have turned NPAs were disbursed between 2008 and 2014 by public sector banks.
The government has not waived any loans of big NPA defaulters, Finance Minister Arun Jaitley said today dismissing rumour that loans of capitalists are being written off by banks. In a blog, Jaitley said that over the last few days, a rumour is being propagated regarding waiver of loans of capitalists by banks. Observing that the time has come for the nation to be apprised of facts in this regard, he said one should ask at whose behest the loans, which have turned NPAs were disbursed between 2008 and 2014 by public sector banks.
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