DYFI activists stage dharna in front of SBI Kerala chief’s cabin

Thursday, Nov 17, 2016,12:11 IST By metrovaartha A A A

Thiruvananthapuram | DYFI activists today staged a dharna inside the SBI building here protesting the bank’s reported move to write off bad loans worth Rs 7000 crore.

The activists barged into the SBI building and raised slogans against the move, bank sources said.

The activists, however, could not meet the SBI General Manager S Venkataraman, who is the Kerala head of the SBI.

They entered the office, sat in front of Venkataraman’s cabin and shouted slogans against Prime Minister Narendra Modi and Centre’s reported decision to waive bad loans.

They were later whisked off by police.

Reports in a section of the media had stated that SBI had decided to write off loans of some defaulters including liquor baron Vijay Mallya.

However, when the issue figured in the Rajya Sabha, Finance Minister Arun Jaitley clarified that SBI had not waived Rs 7000 crore loan, including that of Mallya, and assured that such cases were still being pursued.