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Preity Zinta Issues Clarification After Being Accused of Writing Off 18 Cr Loan
Updated on: 25 February, 2025 04:21 PM IST |Amruta Karulkar
Preity Zinta Controversy
Bollywood actress Preity Zinta recently found herself at the centre of controversy when allegations emerged suggesting she had an 18 crore loan written off by the New India Cooperative Bank in exchange for political favours to the Bharatiya Janata Party (BJP). These claims were amplified by a post from the Kerala Congress`s social media handle, which stated, "She gave her social media accounts to BJP and got 18 Cr written off, and the bank collapsed last week... Depositors are on the streets for their money."
She emphasised her autonomy over her social media presence, writing, "No I operate my social media accounts myself and shame on you for promoting FAKE NEWS! No one wrote off anything or any loan for me. I`m shocked that a political party or their representative is promoting fake news & indulging in vile gossip & click baits using my name & images."
Following Preity Zinta`s clarification, the Kerala Congress acknowledged her statement and expressed their willingness to rectify any misinformation. They responded, "Good to know you`re managing your own account, unlike other celebs who have handed theirs over to the notorious IT cell. Thanks for the clarification, @realpreityzinta regarding your loan position. We are glad to accept mistakes if we have made any."
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In an effort to provide relief to depositors, the RBI announced that, starting February 27, customers would be permitted to withdraw up to Rs. 25,000 from their deposit accounts. The central bank`s statement read, "The Reserve Bank, after reviewing the bank`s liquidity position in consultation with the Administrator, has decided to allow a deposit withdrawal of up to Rs. 25,000 per depositor, with effect from February 27, 2025. With above relaxation more than 50 percent of the total depositors will be able to withdraw their entire balances and the remaining depositors can draw up to Rs. 25,000 from their deposit accounts."
The New India Cooperative Bank operates 28 branches, predominantly located in the Mumbai metropolitan region.
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Preity Zinta`s Firm Rebuttal
In response to these serious accusations, Preity Zinta took to her social media platforms to set the record straight. She vehemently denied the claims, stating that the loan in question had been "fully paid back" a decade ago. Addressing the Kerala Congress directly, she accused the party of propagating "fake news" and engaging in "vile gossip."She emphasised her autonomy over her social media presence, writing, "No I operate my social media accounts myself and shame on you for promoting FAKE NEWS! No one wrote off anything or any loan for me. I`m shocked that a political party or their representative is promoting fake news & indulging in vile gossip & click baits using my name & images."
Following Preity Zinta`s clarification, the Kerala Congress acknowledged her statement and expressed their willingness to rectify any misinformation. They responded, "Good to know you`re managing your own account, unlike other celebs who have handed theirs over to the notorious IT cell. Thanks for the clarification, @realpreityzinta regarding your loan position. We are glad to accept mistakes if we have made any."
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Background on New India Cooperative Bank`s Financial Troubles
The controversy coincides with recent financial instability at the New India Cooperative Bank. On February 13, the Reserve Bank of India (RBI) imposed stringent restrictions on the bank due to irregularities. These measures included prohibiting the issuance of new loans, renewal of existing ones, acceptance of new investments or deposits, and the sale of assets. Additionally, the RBI superseded the bank`s Board of Directors for a period of 12 months.In an effort to provide relief to depositors, the RBI announced that, starting February 27, customers would be permitted to withdraw up to Rs. 25,000 from their deposit accounts. The central bank`s statement read, "The Reserve Bank, after reviewing the bank`s liquidity position in consultation with the Administrator, has decided to allow a deposit withdrawal of up to Rs. 25,000 per depositor, with effect from February 27, 2025. With above relaxation more than 50 percent of the total depositors will be able to withdraw their entire balances and the remaining depositors can draw up to Rs. 25,000 from their deposit accounts."
The New India Cooperative Bank operates 28 branches, predominantly located in the Mumbai metropolitan region.
Also Read: Kareena Kapoor To Vidya Balan, Celebs Who Hosted Radio Shows
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