Veerappa Moily - Electronic Gurudev

The choice of Adityanath as the next chief minister of Uttar Pradesh has drawn criticism from the opposition parties even as the BJP stood strongly behind its leader. The opposition parties hit out at Adityanath's image of Hindutva hardliner, with Congress leader Veerappa Moily calling his elevation as the "biggest assault" on secularism. "It is a big assault on secularism in the country. Maybe, the BJP or RSS would like to endorse their cause of Hinduism. India is not Hinduism. Hinduism is not India. "India is built above castes and religions and 'Vasudhaiva Kutumbakam' (the world is one family) is the very foundation of our secular society. It is the biggest assault ever done on secularism," Moily said. The BJP leaders strongly defended Adityanath and said he will take the state...

RBI governor Urjit Patel says problem of NPAs was earlier also but it is only recently issue was being recognized. New Delhi: RBI Governor Urjit Patel today attributed the banks grappling with high bad loans to legacy issues saying they are mostly on account of credit facility provided for long-gestation projects before 2011-12. He further said the problem of non-performing assets (NPAs) was earlier also but it is only recently that the issue is being recognized. Patel said that sectors in which bad loans have emerged over the years pertain to long-gestation projects, which were mostly funded before 2011-12. “Therefore, …by definition, this proportionate amount is a legacy issue, although the recognition and reporting of these have taken place only recently,” the RBI Governor s...

Tag: Veerappa Moily

Adityanath will make UP Uttam Pradesh, says BJP

Long-gestation projects responsible for high NPAs: Urjit Patel