KTR has recently made serious accusations against the government and ICICI Bank. He claimed that the bank had given loans and taken land from Telangana as mortgage. However, these claims turned out to be false.
ICICI Bank responded with an official statement, clarifying that they did not provide any loans or accept land as mortgage from the Telangana government. The bank explained that they only acted as a partner to help raise bonds and had no other involvement.
Despite this, KTR continued to push these claims during interviews on national media channels. However, his efforts backfired, and many viewers felt he lacked a proper understanding of the issue.
In contrast, Sridhar Babu provided a clear explanation of how the funds were raised according to the guidelines set by the Reserve Bank of India (RBI), helping to settle the confusion.
