Hindustan Times (Jalandhar)

Maharashtr­a ‘safai’ worker wants SBI loan waiver ‘just like Vijay Mallya’

- Letters@hindustant­imes.com

MUMBAI: Amid the controvers­y over public sector lender SBI reportedly writing off loans worth `7,000 crore, including that of Vijay Mallya-promoted Kingfisher Airlines, a sanitation worker in Nashik has written to the State Bank of India seeking a ‘similar’ waiver of his `1.5 lakh loan.

Bhaurao Sonawane, a safai worker with the Tryambakes­hawar municipal council in Maharashtr­a’s Nashik district, said he had written to the SBI, seeking waiver of his loan “in the same manner in which the bank waived off Mallya’s loan”.

“I have written to the bank, congratula­ting it for the good decision to waive of Mallya’s loan. I requested SBI to waive off my loan as well,” Sonawane said. “I took this loan to meet expenses of my son’s illness,” he said, adding that the bank manager is yet to respond to the letter.

Sonawane’s demand comes against the backdrop of finance minister Arun Jaitley asking opposition members in the Rajya Sabha not to go by the literal meaning of write-off.

“So there is a little bit of malapropis­m involved in this. Don’t go by the literal meaning of writeoff. Write-off does not mean loan waiver. Loan still remains. You still continue to pursue,” Jaitley had said, during a debate in the House on the government’s demonetisa­tion action.

Jaitley was replying to CPI(M) leader Sitaram Yechury, who referred to a newspaper report which said SBI wrote off loans

wilful defaulters including

Newspapers in English

Newspapers from India