Hitting back, Nirmala Sitharaman defended the sale, asserting that all prescribed procedures were followed and blaming Congress-era crony lending for burdening IDBI Bank with massive bad loans. The controversy follows previous exchanges between both leaders regarding corporate governance and alleged government interference in the Tata Group.
On the broadcast, experts including SBI Group Chief Economic Advisor Soumya Kanti Ghosh, former Finance Secretary S.C. Garg, and political analyst Rajat Sethi debated the bank's turnaround, reserve price revisions, and the valuation benchmark set for the stake sale to Fairfax Financial Holdings.
In a subsequent segment, Union Environment Minister Bhupender Yadav outlined anti-pollution measures across Delhi-NCR.