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LATEST NEWS UPDATES | RTI confirms Rajan sent PM Modi list of bank defaulters in February 2015 -Dheeraj Mishra

RTI confirms Rajan sent PM Modi list of bank defaulters in February 2015 -Dheeraj Mishra

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published Published on Nov 1, 2018   modified Modified on Nov 1, 2018
-TheWire.in/ Business Standard

Asked what action was taken after receiving Rajan's list of NPA defaulters suspected of fraud, the PMO replied that this information does not fall within the scope of RTI

New Delhi: Information disclosed in response to an RTI request made by The Wire has confirmed that former Reserve Bank of India governor Raghuram Rajan indeed notified Narendra Modi of the need to probe key defaulters as early as eight months into his prime ministerial tenure – advice that the government failed to act upon.

The Wire had filed an RTI application with the Prime Minister’s Office, the Finance Ministry and the RBI seeking information related to the claim Rajan had made in his note to a parliamentary committee that he had handed over a “a list of high profile fraud cases of non-performing assets to the Prime Minister’s Office for coordinated investigation.”

At the time Rajan’s letter was made public, a section of the media had tried to suggest that the ‘PMO’ the former top banker was referring to was Manmohan Singh’s rather than Modi’s, since his term spanned both the UPA and NDA’s time in office.

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TheWire.in, 31 October, 2018, https://www.business-standard.com/article/economy-policy/rti-confirms-rajan-sent-pm-modi-list-of-bank-defaulters-in-february-2015-118103100243_1.html?fbclid=IwAR2QJBcpE3z


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