Fact Check: Did New India Cooperative Bank write off Preity Zinta's Rs 18 crore loan? Know the truth

A report published by Moneylife whose one of the founders is journalist Sucheta Dalal alleged that Preity Zinta's Rs 18 crore loan was written off without due recovery procedures by the now under investigation- New India Cooperative Bank.

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Bollywood actress Preity Zinta has been up at arms against the grand old party Congress and left journalists on X. Preity Zinta has been facing the ire of the left ever since she posted a tweet outlining that if she appreciates PM Modi she is labelled Bhakt and if she is a proud Hindu, she is labelled as 'Andh Bhakt'. A report published by Moneylife whose one of the founders is journalist Sucheta Dalal alleged that Preity Zinta's Rs 18 crore loan was written off without due recovery procedures by the now under investigation- New India Cooperative Bank. 

The report stated that on 29 January 2020, former employees of New India Cooperative Bank sent a letter to the executive director (ED) of RBI's Department of Regulations highlighting the malpractices but the Central Bank did not pay any attention. This report was carried out by Kerala Congress that posted on social media alleging, '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.'

Truth behind Preity Zinta's New India Cooperative Bank

Preity Zinta on Tuesday took to her X handle and slammed Kerala Congress and journalist Sucheta Dalal for peddling fake news. Lambasting Kerala Congress, Preity Zinta wrote, "No I operate my social media accounts my self 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. For the record a loan was taken and FULLY PAID BACK - over 10 years ago. Hope this clarifies and helps so there are no misunderstandings in the future."

On the Kerala Congress post, X also put community guidelines for fake news. 

Thereafter, Preity Zinta came down heavily on journalist Sucheta Dalal. The actress wrote, "So much misinformation going around but thank god for social media and thank god for X ! All through my career I have seen so many so respected journalists get so many stories completely wrong & never have the decency to correct the story or apologise. I have also gone to court and spent a tonne of money fighting cases that go on & on & on. I think it’s time we start holding them responsible right here so there is some accountability in the future. I’m definitely going to start naming all these journalists that write articles without following up or investigating the stories.

If you don’t value my reputation then sorry I don’t value yours @suchetadalal Next time pls call me and find out if the story is true or not before mentioning my name. Just like you,  I have spent years working hard and building a reputation so if you don’t care about mine I don’t care about yours. I’m done being a bigger person. This ends here."


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