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Nirmala Sitharaman's Counter To Rahul Gandhi's Comment On Public Banks

Nirmala Sitharaman's Counter To Rahul Gandhi's Comment On Public Banks

NDTV
Wednesday, December 11, 2024 05:23:40 PM UTC

The Public Sector Banks were supported through recapitalisation of Rs 3.26 lakh crore in the last 10 years, said Finance Minister Nirmala Sitharaman.

Finance Minister Nirmala Sitharaman termed the allegation of Leader of Opposition Rahul Gandhi against state-owned banks a  "misrepresentation of facts" and an "insult to the hardworking employees and to the citizens" who benefit from a cleaner, stronger banking system. Leader of the Opposition (LoP) @RahulGandhi's penchant for making baseless statements is on full display, yet again.India's banking sector, especially Public Sector Banks (PSBs), have seen a remarkable turnaround under @PMOIndia@narendramodiDidn't the people who met with the…

Banking sector, especially Public Sector Banks (PSBs), have seen a remarkable turnaround under the leadership of Prime Minister Narendra Modi, underlined the Finance Minister in a long post on X.

Earlier today, Mr Gandhi, after meeting a delegation from the All India Banking Officers Confederation, accused the government of using public sector banks, the "lifelines of the masses", to prioritise profit over people and are thus unable to serve the public effectively.

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