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Shivam Shankar Singh
@ShivamShankarS
, 4 tweets, 1 min read Read on Twitter
Best example of how this Government fooled the voters - The MUDRA Fraud:

From the Bandhan Bank Investor's Call:

Analyst - Sir, Mudra Loan website shows that 45% of your loans are Mudra Loans. Can you please confirm this?

CEO- We don't give any loans as Mudra loans...
Govt asks us data about the customers who have taken loans from us. We provide them that. Based on that data, they themselves classify some of our loans as Mudra loans.

Analyst - So, will the customer know that his loan is classified as Mudra Loan?
CEO - No. Since we don't give Mudra Loans.

So, ladies and gentlemen, that is what Mudra Loans are. A rebranding of normal loans! And then the government further perpetuates this nonsense to say that they're creating new small jobs using this loan data!!
Classification by the government without the knowledge of the Bank and the customer. Learn marketing from Modi ji. This government is truly a branding and PR machine.
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