Cong accuses govt of weakening banking architecture

Congress leader Rahul Gandhi and party spokesperson Randeep Singh Surjewala attacked BJP after Reserve Bank of India (RBI) released a list of 50 wilful defaulters accused of cheating banks. Finance Minister Nirmala Sitharaman also took to Twitter and said the Congress leaders are attempting to mislead people in a 'brazen manner'.

New Delhi: The Congress on Wednesday attacked the government over the issue of bad loans, accusing it of weakening the entire banking architecture fiscally and imprudently in the name of cleaning the system.

The party was responding to Finance Minister Nirmala Sitharaman's tweet on Tuesday night in which she accused the Congress and its leaders of "misleading" people on loan write-offs.

• And @nsitharaman ji, Cleaning the Banks of people’s money by righting off loans of absconders & fraudsters is not called ‘cleaning the system’.
  
  It’s called weakening the entire Bank architecture fiscally & imprudently, if not maliciously. https://t.co/zPzPfqiJtb

  — Randeep Singh Surjewala (@rssurjewala) April 29, 2020 " class="align-text-top noRightClick twitterSection" data="

  And @nsitharaman ji, Cleaning the Banks of people’s money by righting off loans of absconders & fraudsters is not called ‘cleaning the system’.
  
  It’s called weakening the entire Bank architecture fiscally & imprudently, if not maliciously. https://t.co/zPzPfqiJtb

  — Randeep Singh Surjewala (@rssurjewala) April 29, 2020

  ">

  And @nsitharaman ji, Cleaning the Banks of people’s money by righting off loans of absconders & fraudsters is not called ‘cleaning the system’.
  
  It’s called weakening the entire Bank architecture fiscally & imprudently, if not maliciously. https://t.co/zPzPfqiJtb

  — Randeep Singh Surjewala (@rssurjewala) April 29, 2020

"Nirmala Sitharaman ji, Cleaning the Banks of people's money by righting off loans of absconders and fraudsters is not called 'cleaning the system', Congress chief spokesperson Randeep Surjewala said in a tweet.

"It's called weakening the entire Bank architecture fiscally and imprudently, if not maliciously," he said

• Shri @RahulGandhi MP (LS) and Shri @rssurjewala spokesperson of @INCIndia have attempted to mislead people in a brazen manner. Typical to @INCIndia, they resort to sensationalising facts by taking them out of context. In the following tweets wish to respond to the issues raised.

  — Nirmala Sitharaman (@nsitharaman) April 28, 2020 " class="align-text-top noRightClick twitterSection" data="

  Shri @RahulGandhi MP (LS) and Shri @rssurjewala spokesperson of @INCIndia have attempted to mislead people in a brazen manner. Typical to @INCIndia, they resort to sensationalising facts by taking them out of context. In the following tweets wish to respond to the issues raised.

  — Nirmala Sitharaman (@nsitharaman) April 28, 2020

  ">

  Shri @RahulGandhi MP (LS) and Shri @rssurjewala spokesperson of @INCIndia have attempted to mislead people in a brazen manner. Typical to @INCIndia, they resort to sensationalising facts by taking them out of context. In the following tweets wish to respond to the issues raised.

  — Nirmala Sitharaman (@nsitharaman) April 28, 2020

In a tweet, the finance minister had accused Congress leaders Rahul Gandhi and Surjewala of attempting to mislead people in a brazen manner.

"Typical to congress, they resort to sensationalising facts by taking them out of context," she had said.

Hitting back, Surjewala demanded simple answers from Sitharaman instead of "twisting facts".

"Simple answer that FM, Smt @nsitharaman needs to give instead of twisting facts-:Why has Modi Govt written off Bank Loans worth 6,66,000 Cr between 2014-15 & 2019-20? Is RBI's RTI reply dated 24th April, 2020 of Bank loans write off of Rs 68,607 Crore wrong or right," he asked.

• देश को भटकाने की बजाय @nsitharaman जी को सत्य बताना चाहिए, क्योंकि यही राज धर्म की कसौटी है-:
  
  1. मोदी सरकार ने 2014-15 से 2019-20 के बीच डिफ़ॉल्टरों का ₹6,66,000 करोड़ क़र्ज़ क्यों राइट ऑफ़ किया?
  
  2. क्या 95 डिफ़ॉल्टरों का ₹68,607 CR क़र्ज़ माफ़ करने का RBI का RTI जबाब सही है? https://t.co/mjpyvgUVme

  — Randeep Singh Surjewala (@rssurjewala) April 29, 2020 " class="align-text-top noRightClick twitterSection" data="

  देश को भटकाने की बजाय @nsitharaman जी को सत्य बताना चाहिए, क्योंकि यही राज धर्म की कसौटी है-:
  
  1. मोदी सरकार ने 2014-15 से 2019-20 के बीच डिफ़ॉल्टरों का ₹6,66,000 करोड़ क़र्ज़ क्यों राइट ऑफ़ किया?
  
  2. क्या 95 डिफ़ॉल्टरों का ₹68,607 CR क़र्ज़ माफ़ करने का RBI का RTI जबाब सही है? https://t.co/mjpyvgUVme

  — Randeep Singh Surjewala (@rssurjewala) April 29, 2020

  ">

  देश को भटकाने की बजाय @nsitharaman जी को सत्य बताना चाहिए, क्योंकि यही राज धर्म की कसौटी है-:
  
  1. मोदी सरकार ने 2014-15 से 2019-20 के बीच डिफ़ॉल्टरों का ₹6,66,000 करोड़ क़र्ज़ क्यों राइट ऑफ़ किया?
  
  2. क्या 95 डिफ़ॉल्टरों का ₹68,607 CR क़र्ज़ माफ़ करने का RBI का RTI जबाब सही है? https://t.co/mjpyvgUVme

  — Randeep Singh Surjewala (@rssurjewala) April 29, 2020

"Why is Modi Govt righting off Bank Loans of absconders & fraudsters like Nirav Modi+Mehul Choksi(Rs 8,048 CR), Jatin Mehta(Rs 6,038 CR), Mallya(Rs 1,943 CR) & others as per RBI's RTI reply of 24/4/2020?

"Who permitted such huge write offs of Bank loans of defaulters & why" Surjewala asked the finance minister.

The RBI released a list of 50 top bank loan defaulters in the country in an RTI reply.

Sitharaman had also said "Congress and Shri Rahul Gandhi should introspect why they fail to play a constructive role in cleaning up the system. Neither while in power, nor while in the opposition has the Congress shown any commitment or inclination to stop corruption and cronyism."

The finance minister also claimed that "Earlier, on 18.11.2019, in the Lok Sabha for an unstarred Question no:52, a list of Borrowers flagged as wilful defaulter by Public Sector Banks under CRILIC reporting as on 30.09.2019 (For borrowers with exposure of Rs. 5 crore and above, Global operations) was provided.

(PTI Report)