NPAs of Indian banks is Congress’ making: Modi

Prime News, National (New Delhi), July 21:- Prime Minister Narendra Modi on Friday accused the Congress of creating a large mess of NPAs in Indian banks and said that from during UPA rule from 2008 to 2014 the “underground loot of banks” was such that the amount of NPAs increased from Rs 18 lakh crore to Rs 52 lakh crore.

He said the loans were given to select industrialists during the previous UPA rule.

“I want to tell you about the NPA problem. Much before internet banking, the Congress invented phone banking and this caused the NPA mess. A phone call would get loans for their cronies and the nation suffered,” Modi said in his reply to the debate on the no-confidence motion in the Lok Sabha. (MR, Inputs: Agencies).

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