Bank of Baroda (BoB) has come under fire from India's major banking sector union for withdrawing the decision to auction BJP MP and actor Sunny Deol's Mumbai property, after defaulting on a loan of around $7.5m plus interest. “This seems to be BJPs style of phone banking", said the General Secretary of the All India Bank Employees Association, CH Venkatachalam.
Will the 56 Crores owed become an NPA that will be forgiven after a "cooling period" of 12 months or did Deol magically lay his hands on 56 Cr. and repay his debt? Or will books be cooked on Dilli se orders?
Will the 56 Crores owed become an NPA that will be forgiven after a "cooling period" of 12 months or did Deol magically lay his hands on 56 Cr. and repay his debt? Or will books be cooked on Dilli se orders?