Finance Minister Arun Jaitely said that “State police investigating a Central PSU threatens the federal balance”.He further added that overreach of Central, State investigation agencies has threatened bankers; anti-graft law affecting honest decision-making.
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Finance Minister was quoting with reference to the recent arrests of Bank of Maharashtra CEO & MD and Executive Directors. He stressed that the Economic decision-making is a very serious process and cannot be driven by slogans or populism.