Loan to those 12 big defaulters were given before 2014: PM Modi

PM Modi said that since independence from the year 2008, banks of the country had given only Rs 18 lakh crore on loans, but in the 6 years since 2008, the amount has increased to Rs 52 lakh crore,
Prime Minister Narendra Modi yesterday attacked the Congress after inaugurating India Post Payments Bank (IPPB). He said that sometime after the formation of the government, it was realized that Congress has been sitting on the country's economy on a landmine. PM Modi said that 12 big defaulters who had given the first loan of 2014, whose NPA was about Rs. 2 lakh crore, action was initiated against them and its findings are still visible today. PM Modi said, 'Those who felt that the participation of the Namdari family and the millions of rupees they received from them would always be with them forever, they would always be incoming, now they have started outgoing from their account.

After the inauguration of IPPB, PM Modi attacked the Congress, said - First Namdhars were given on the phone billions of loans

Prime Minister Narendra Modi inaugurated the India Post Payments Bank (IPPB) at the Talkatora Stadium in Delhi on Saturday.Prime Minister Narendra Modi inaugurated the India Post Payments Bank (IPPB) at the Talkatora Stadium in Delhi on Saturday. PM Modi addressed the people after the inauguration of India Post Payments Bank. PM Modi said that from today onwards the postman will be known in the country as well as the postman will be brought to the bank. He said that facility of India Post Payments Bank is being started in 650 districts and 3250 post offices in the country. Today, with this initiative, we are starting the work of taking the bank to the door of the village and the poor. He described it as a revolutionary step and said that the big change in the country's economy and in the social order is a big change. 1 September 2018 will be remembered as the beginning of a new and unprecedented system in the history of the country.

PM Modi said that since Independence, the banks of the country had given loans worth 18 lakh crores only till the year 2008, but in 6 years after 2008 the amount has increased to Rs 52 lakh crores, i.e. as much as loan banks After Independence, its double loan was divided into 6 years of the previous government.

PM Modi said that the government is reforming the old arrangements and transforming them. Though the email has been replaced by the email but the goal is the same, the technology which challenged the post office, making the basis of the same technology, we are moving forward to change this challenge into opportunity. He said that 1 September 2018 will be remembered as the beginning of a new and unprecedented system in the history of the country. Today, with this initiative, we are starting the work of taking the bank to the door of the village and the poor. There is a big change in the economy of the country and in the social system. India post payment bank is being facilitated in 650 districts and 3250 post offices in the country. Our government is not going to leave the old system on its own, but is working to reform, perform and transform.