{"id":281689,"date":"2019-07-11T07:01:10","date_gmt":"2019-07-11T07:01:10","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=281689"},"modified":"2019-07-11T07:08:06","modified_gmt":"2019-07-11T07:08:06","slug":"why-hdfc-bank-denied-loans-to-vijay-mallya-nirav-modi","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/why-hdfc-bank-denied-loans-to-vijay-mallya-nirav-modi\/","title":{"rendered":"Why HDFC Bank denied loans to Vijay Mallya, Nirav Modi"},"content":{"rendered":"<p>Noted banker Aditya Puri has advised his peers to clearly separate personal friendships from banking and cited how his bank turned down a loan request from the now-fugitive businessman Vijay Mallya. <\/p>\n<p>Explaining how HDFC Bank had refused loans to the ex-liquor baron Mallya, Puri said, &#8220;a banker can have a coffee with any person and then do what he wants,&#8221; stressing that it was his long time colleague Paresh Sukthankar who actually declined the loan to Mallya. <\/p>\n<p>&#8220;If you are a bad risk, you are a bad risk. You can be my good friend, I can give you coffee and send you away. Just for your information, they (Mallya&#8217;s officials) came to me for a loan and I gave them coffee and told them that I will consider the loan. And then Paresh turned it down,&#8221; the HDFC Bank chief said, at a function of launching a book on the bank by journalist-writer Tamal Bandopadyay here this evening.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Noted banker Aditya Puri has advised his peers to clearly separate personal friendships from banking and cited how his bank turned down a loan request from the now-fugitive businessman Vijay Mallya. Explaining how HDFC Bank had refused loans to the ex-liquor baron Mallya, Puri said, &#8220;a banker can have a coffee with any person and then do what he wants,&#8221; stressing that it was his long time colleague Paresh Sukthankar who actually declined the loan to Mallya. &#8220;If you are a bad risk, you are a bad risk. You can be my good friend, I can give you coffee and [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176,146,130],"tags":[],"class_list":["post-281689","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/281689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=281689"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/281689\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=281689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=281689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=281689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}