UPA caused banking crisis, Modi govt restored PSBs to health: Finance Minister Nirmala Sitharaman to Rahul Gandhi
Finance Minister Nirmala Sitharaman countered Rahul Gandhi's accusations of government misuse of public sector banks. She attributed the bad loan crisis to the UPA's lending practices, highlighting the Modi government's efforts to revive banks through recapitalization and reforms, focusing on lending to small businesses and MSMEs.