When PM Shastri took a car loan from PNB and his widow repaid it
When PM Shastri took a car loan from PNB and his widow repaid it
Not just Nirav Modi, PNB had such customers too
NEW DELHI: Nobody knows whether runaway diamantaire Nirav Modi will ever repay the multi-million rupee loan he took from Punjab National Bank (PNB). But a car loan of Rs 5,000 taken by former Prime Minister Lal Bahadur Shastri from the same bank was repaid after his sudden death by widow Lalita from her pension, says son Anil Shastri.
"We went to St Columba’s School on a tonga. Once in a while we used the office car but my father did not allow us to use it regularly for any kind of private work. There was a demand at home that we should buy a car," recalls Anil Shastri, a senior Congress politician. The year was 1964. Following enquiries by VS Venkatraman, the special assistant to the PM, the Shastris came to know that a new Fiat costs Rs 12,000. The family only had Rs 7,000 in the bank. The Prime Minister applied for a loan of Rs 5,000 loan which was sanctioned the same day.But soon tragedy struck the family and the nation. Shastri passed away on January 11, 1966 in Tashkent where he had gone to sign the declaration that resolved the 1965 war between India and Pakistan. "The loan remained unpaid. It was repaid by my mother from the pension she received after my father’s death," says Anil.
The car was a cream coloured 1964 model Fiat with the impressive number, DLE 6. It is now exhibited in the Lal Bahadur Shastri Memorial at 1, Motilal Nehru Marg, in the capital. Founded in 1894, PNB was inspired by the idea to start a swadeshi bank during the British Raj. Among its early board of directors was Lala Lajpat Rai, who played a distinguished role in India’s freedom struggle.
Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on kemmannu.com to provide the IP address and other details of senders of such comments, to the authority concerned upon request. Hence, sending offensive comments using kemmannu.com will be purely at your own risk, and in no way will Kemmannu.com be held responsible.
Similarly, Kemmannu.com reserves the right to edit / block / delete the messages without notice any content received from readers.
Rozaricho Gaanch April, 2024 - Ester issue
Final Journey Of Theresa D’Souza (79 years) | LIVE From Kemmannu | Udupi |
Invest Smart and Earn Big!
Creating a World of Peaceful Stay!
For the Future Perfect Life that you Deserve! Contact : Rohan Corporation, Mangalore.
Final Journey Of Joe Victor Lewis (46 years) | LIVE From Kemmannu | Organ Donor | Udupi |
Milagres Cathedral, Kallianpur, Udupi - Parish Bulletin - Feb 2024 Issue
Easter Vigil 2024 | Holy Saturday | St. Theresa’s Church, Kemmannu, Udupi | LIVE
Way Of Cross on Good Friday 2024 | Live From | St. Theresa’s Church, Kemmannu, Udupi | LIVE
Good Friday 2024 | St. Theresa’s Church, Kemmannu | LIVE | Udupi
2 BHK Flat for sale on the 6th floor of Eden Heritage, Santhekatte, Kallianpur, Udupi
Maundy Thursday 2024 | LIVE From St. Theresa’s Church, Kemmannu | Udupi |
Kemmennu for sale 1 BHK 628 sqft, Air Conditioned flat
Symphony98 Releases Soul-Stirring Rendition of Lenten Hymn "Khursa Thain"
Palm Sunday 2024 at St. Theresa’s Church, Kemmannu | LIVE
Final Journey of Patrick Oliveira (83 years) || LIVE From Kemmannu
Carmel School Science Exhibition Day || Kmmannu Channel
Final Journey of Prakash Crasta | LIVE From Kemmannu || Kemmannu Channel
ಪ್ರಗತಿ ಮಹಿಳಾ ಮಹಾ ಸಂಘ | ಸ್ತ್ರೀಯಾಂಚ್ಯಾ ದಿಸಾಚೊ ಸಂಭ್ರಮ್ 2024 || ಸಾಸ್ತಾನ್ ಘಟಕ್
Valentine’s Day Special❤️||Multi-lingual Covers || Symphony98 From Kemmannu
Rozaricho Gaanch December 2023 issue, Mount Rosary Church Santhekatte Kallianpur, Udupi
An Ernest Appeal From Milagres Cathedral, Kallianpur, Diocese of Udupi
Diocese of Udupi - Uzvd Decennial Special Issue
Final Journey Of Canute Pinto (52 years) | LIVE From Mount Rosary Church | Kallianpura | Udupi
Earth Angels Anniversary | Comedy Show 2024 | Live From St. Theresa’s Church | Kemmannu | Udupi
Confraternity Sunday | St. Theresa’s Church, Kemmannu
Kemmannu Cricket Match 2024 | LIVE from Kemmannu
Naturya - Taste of Namma Udupi - Order NOW
New Management takes over Bannur Mutton, Santhekatte, Kallianpur. Visit us and feel the difference.
Focus Studio, Near Hotel Kidiyoor, Udupi
Earth Angels - Kemmannu Since 2023
Kemmannu Channel - Ktv Live Stream - To Book - Contact Here
Click here for Kemmannu Knn Facebook Link