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Investment / The New Indian Express

Rahul Gandhi alleges BJP's loan write-offs hurting banking sector

NEW DELHI: Leader of Opposition Rahul Gandhi accused the BJP government of economic mismanagement, alleging that Rs 16 lakh crore in loans were written off for illionaire friends, leading to a banking sector crisis. In a post on social media platform X on Saturday, Gandhi said, The BJP government has written off Rs 16 lakh crore in loans for their billionaire friends. Cronyism, coupled with regulatory mismanagement, has pushed India's banking sector into crisis. He highlighted the impact on jun

29 Mar 2025 11:41 am
Unrestricted banking data access fuels surge in online financial frauds: Central cyber intelligence agencies

NEW DELHI: A new disturbing trend has emerged posing a cyber security threat, as central cyber and intelligence agencies have flagged to the Union Ministry of Home Affairs (MHA) that unrestricted access to critical banking data with bank employees and third-party vendors has directly been fuelling rampant online frauds and massive financial losses for people in the country, officials said on Saturday. With reports pouring in from the agencies, the officials said, the issue has been taken up at t

22 Feb 2025 8:20 pm