Prime Minister Narendra Modi on Saturday blamed the “phone-a-loan” scam of the previous UPA government for the bad loans in the banking sector and said every penny given at the behest of namdars (dynasts) will be recovered.
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Congress Put Economy on Landmine: Modi Blames UPA Over NPA Mess
“Loans were given on phone calls made by ‘namdars’ (dynasts),” Prime Minister Narendra Modi said.

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