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Bank frauds rose during NDA’s first term, Congress demands proper banking system

Indo-Asian News Service
Updated: June 4th, 2019, 15:18 IST
in Business
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New Delhi: Alleging that bank fraud cases rose during the NDA government’s first term, the Congress Tuesday said it hoped the BJP will take tougher steps and rectify the banking system.

In a series of tweets, Congress leader Randeep Singh Surjewala said that during the first tenure of the Modi government, bank frauds amounted to Rs 1 lakh crore while people like Nirav Modi and Mehul Choksi fled the country.

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Surjewala added: “According to latest data by RBI, in 2018-19 alone, there has been a bank fraud of Rs 71,500 crore.”

Tags: Bank fraudsbanking systemNDA governmentNirav ModiRandeep Singh Surjewala
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