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Banks not lending to politicians: BJP MP

December 17, 2004 19:45 IST

A Bharatiya Janata Party member in the Lok Sabha on Friday complained that certain multinational, and even Indian, banks were refusing to give loans to politicians and their relatives.

Raising the issue during the Zero Hour, Ratilal Verma said the stand taken by such banks is an 'insult' to politicians and wanted a direction from Speaker Somnath Chatterjee to the government.

"It is a serious matter," Chatterjee remarked.


© Copyright 2004 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.


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Number of User Comments: 5




Sub: About time

About time the banks woke up and stopped lending to out netalog. As if eating tax payer's money was not enough, the netas now also ...


Posted by Kunal Nanda





Sub: Whole-heartedly support banks

At last a wise decision by the banks. The general public would certainly support this wise decision by the banks to refuse loans to politicians ...


Posted by Stormrider





Sub: private banks can lend at their discretion

it is a risky proposition to lend to politicians in india manav


Posted by manav





Sub: most politicians looted public money hugely

The present and former politicians and their kith and kin had duped nationalised banks to the tune of lakhs of crores or rupees since independence ...


Posted by swarna





Sub: Politicians should clean up their image

The politicians should introspect themselves about it. It is the general public view not only about politicians but also police. They should set good example ...


Posted by Ajay Singh




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