Discussion on alleged bank irregularities slated in Parl

RSTV Bureau
File Photo of Parliament Housing Building in New Delhi.

File Photo of Parliament Housing Building in New Delhi.

Discussions are slated in both Houses of Parliament on Thursday on alleged banking irregularities. The issue of multi-crore PNB fraud, where accused Nirav Modi and Mehul Choksi are on the run, have led to disruptions in both Rajya Sabha and Lok Sabha, with Opposition demanding Prime Minister Modi’s statement.

The government, on its part, have said they are ready for the discussion and it is the Opposition, in particular the Congress, which is “running away from the debate”.

In Rajya Sabha today, a short duration discussion is slated on reported scams in some public sector banks and the failure of the banking regulators to check them. Rajeev Chandrasekhar, Naresh Gujral, Anil Desai, Harivansh, Roopa Ganguly and RK Sinha are slated to take part in the discussion.

In Lok Sabha too, discussion on irregularities in the banking sector is slated for today.

NK Premachandran of the Revolutionary Socialist Party and KC Venugopal of the Congress had raised the demands for discussions. Leaders will raise the issue of alleged systemic irregularities in the sector over the years and its impact on the Indian economy.

The discussion will be held under rule 193 that does not entail voting.

Both the houses have been seeing repeated adjournments over the issue since the resumption of the second leg of Budget session this Monday.