Finance Minister Arun Jaitley on proposed SBI loan to Adani(Video)
December 12, 2014
New Delhi, 12 December 2014
A Congress worker woman today during ‘Agenda Aaj Tak’ TV programme of national news channel asked a question to Finance Minister Arun Jaitley about State Bank of India’s lawn to Adani for its operations in Australia. In his reply, Shri Jaitley said that whether Adani would get loan or not will depend on its creditworthiness and SBI which has the best person heading it will take appropriate decision on loan to Adani. Jaitley said so far SBI has just signed MoU. Jaitley said foreign banks are offering loan at even lower interest rates compared to Indian banks, and therefore there’s nothing much in this matter. He said, as a Finance Minister he doesn’t go into the details of such transactions, and even he came to know about this development through media. Jaitley asked counter question, challenging the logic of a lady who asked question. He said whether loans given to Navin Jindal firms by nationalised banks were granted by Sonia Gandhi?
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