Latest Runa Mela News & Updates

Amaravati, July 17 (IANS) Union Finance Minister Nirmala Sitharaman alleged on Friday that ‘phone banking’ during the UPA rule resulted in huge NPAs, pushing banks into losses. She said that between 2004 and 2014, the Central government used to dictate loan disbursements through “phone banking.”Sitharaman was addressing a credit outreach programme in Narsaropeta in Andhra Pradesh.She claimed that during the UPA rule, leaders used to make phone calls from Delhi directing banks to provide loan…