Raghuram Rajan Commentary Profile picture
I'm Raghuram effin Rajan. I was the demon banker of Mint Road, I ate cronies for breakfast. I’m the 𝔾𝕠𝕕𝕗𝕒𝕥𝕙𝕖𝕣 of monetary policy. RG4India 🇮🇳
Sep 28, 2019 11 tweets 2 min read
Key points from Ajit Pawar & other NCP leaders’s press conference on Shikhar Bank Scam Allegation on Pawar & 70 other directors:

1. Primary allegation presented in assembly was ‘irregularities’ of 1088 cr. There was no use of the word ‘Scam’ or by no means ‘Money laundering’ + 2. The PIL has mention of ‘sensational’ 25,000 crore scam, when the bank only had total deposits of 12,500 crores. First of all it is not possible and even if it would happened, how did the bank survive? +