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Govt should restore people's faith in banking system: ICICI whistleblower

India is the only country where we have social banking driven by political reasons, says Gupta

Illustration by ajay mahanty
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Illustration by ajay mahanty

Pavan Lall
Arvind Gupta, who has a degree in economics from Banaras Hindu University, is the founder-trustee of Indian Investors Protection Council and has uncovered the connection between NuPower Renewables, of which Deepak Kochhar is the co-founder and chief executive officer, and the Videocon group. Gupta tells Pavan Lall that the government must fix the banking system quickly. Edited excerpts: 

In 2016, when you learned about these connections between banks, business houses and an entrepreneur, whom did you reach out to?

I reached out to the Prime Minister’s Office, the Securities and Exchange Board of India, the Central Vigilance Commission, the Central

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