Daring govt recovered Rs 5L cr of loans: Modi
- 1787
- 30
-
- Last Comment
Daring govt recovered Rs 5L cr of loans: Modi
PM Narendra Modi at a symposium to Build Synergy for Seamless Credit Flow & Economic Growth:
“There comes a time in the development journey of any nation when it takes a new resolve for a new leap and then the strength of the entire nation comes together for the fulfillment of those resolves.
“We are in a situation when the ground is solid for a leap and the target is set. What remains is to just begin.
“Reforms brought in by Govt in the banking sector and support to the sector in every way in the last six to seven years have led to the country’s banking sector being in a very strong position today. Banks’ financial health is in a much better position now.
“During COVID, a dedicated Stress Asset Management Vertical was constituted in the country. With such decisions, today banks’ resolution and recovery is better, their condition is strengthening & an inherent strength is being found within it.
“We found roads to solution for all issues before 2014. We addressed NPAs issue, recapitalised banks, enhanced their strength, brought reforms like IBC, reformed laws, strengthened Debt Recovery Tribunal.
“When someone runs away with bank loans, it is discussed a lot. But when a daring govt brings them back, nobody discusses it. More than Rs 5 lakh Crores have been recovered out of the lakhs and crores of rupees that were struck during the previous govts’ regime.”
- Sort By
https://www.moneylife.in/article/bank-loans-wri...
During the UPA’s 10-year rule, around Rs2,20,328 crore was written off by various banks, and this figure shot up to Rs7,94,354 crore during the NDA regime from 2015-2019, resulting in a corresponding reduction in the banks’ NPAs.
So NDA in one term wrote of 3 times the amount of bad NPA’s compared to what UPA did in 2 terms. Perhaps there’s a reason corporates love him so much since he basically gives them free money while squeezing the middle class.
@MJ911 @bumblefoot remove the concerning political memes and put this post in political section.
No use of explicit, Morphed, insulting obscene or vulgar language or images/memes/display pictures and/or messages, including racist remarks.
https://www.desidime.com/discussions/rules-for-...
Since the discussion is running really hot, here are couple of animal rescue videos.
I hope these videos ll fill your hearts with love n kindness.
Brother, on one hand, you try to show your kindness and love towards the living by showing such cute n sweet animal rescue videos, and on the other hand, you openly voice your support to gangs who are involved in rapes, mob-lynchings, riots, hate crimes, etc just because of your hatred towards other religions/people. Bhai sahab, itni hypocrisy laate kahan se ho ?
I have less problem (not that I can do anything with it, its your conscience at the end) with your hatred towards other religion, or your support for such criminals and goons, but much more with this hypocrisy.
Or may be, with your famous logic doing rounds these days, these mob-lynchings and riots and murders, help reduce the problem of overpopulation in the country.
So, which one is it?
Edit
@bikidas2060 – to the godhra wala comment.
Buddy, you (the group, not literally you) are the ones who support rapes and lynchings and riots by invoking godhra, kashmir, hindu rapes, hindu murders, hindu temples, hindu khatra, hindu history……
For me and the likes, every rape, every exodus, every murder, every riot, every crime is condemnable irrespective of the religion/caste of the criminal and the victim. How pathetic is it to justify one crime by invoking another? No wonder, with such mindset, the gang would not think twice before “sacrificing their own few” in a false flag operation so that they can unleash their hatred on the others.
Your need to introspect.
Indeed. I love this govt. I love the way Modi govt is solving all the issues of the people, and making the country’s passport stronger day by day, ease of doing business, cleaning ganga-jamuna-saraswati. The air (Delhi) feels so fresh these days, even with those high AQIs (may be faulty readings, conspiracy of the West?).
I can truly feel the freedom now. Before (2014), everything felt so suffocating and nauseating.