Preity Zinta Denies Allegations Of Rs 18-Crore Loan Write-Off From New India Cooperative Bank, Issues Statement
Preity Zinta denied rumours of an Rs 18 crore loan write-off by New India Cooperative Bank, calling the claims false. She clarified that she repaid the overdraft facility over 10 years ago.
Preity Zinta has shut down rumours about an Rs 18 crore loan write-off, calling the claims completely false. In a strongly worded statement, the actor set the record straight, making it clear that there’s no truth to the speculation. The Bollywood actress reacted to allegations that an Rs 18 crore loan in her name was written off by the troubled New India Cooperative Bank Ltd.
The controversy hit headlines after a Moneylife report uncovered significant financial irregularities and alleged corruption within the bank. The exposé revealed that corporate loans of up to Rs 25 crore were approved without informing branch managers, raising questions about internal oversight. Many of these loans reportedly became non-performing assets (NPAs) within a year, allegedly due to fund mismanagement and diversion, prompting the Reserve Bank of India (RBI) to take strict action against the bank’s operations.
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One of the most high-profile cases in the controversy involved Rs 18 crore loan to Preity Zinta. According to the report, the loan was supposedly “written off" without adhering to standard recovery procedures.
In response, the actress issued a statement through her legal team, saying, “More than 12 years ago, I had an overdraft facility with the New India Cooperative Bank. More than 10 years ago, I repaid in full the entire dues in respect of this overdraft facility, and the account stands closed."
Preity Zinta also wrote on X, “No I operate my social media accounts my self and shame on you for promoting FAKE NEWS ! No one wrote off anything or any loan for me. I’m shocked that a political party or their representative is promoting fake news & indulging in vile gossip & click baits using my name & images. For the record a loan was taken and FULLY PAID BACK – over 10 years ago. Hope this clarifies and helps so there are no misunderstandings in the future."
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No I operate my social media accounts my self and shame on you for promoting FAKE NEWS ! No one wrote off anything or any loan for me. I’m shocked that a political party or their representative is promoting fake news & indulging in vile gossip & click baits using my name &… https://t.co/cdnEvqnkYx— Preity G Zinta (@realpreityzinta) February 25, 2025
The report also claims that in 2019, more than 80 senior staff members were allegedly forced to resign, sparking concerns about what was happening behind closed doors. Frustrated employees reportedly reached out to the Reserve Bank of India (RBI), urging them to take action—demanding a forensic audit, the dissolution of the bank’s board of directors, and even recovering losses from the personal assets of those responsible.
Coming back to Preity Zinta, the actress recently made an appearance at the Maha Kumbh. She dropped a picture from Prayagraj on Instagram and captioned it, “All roads lead to the Maha Kumbh. Satyam Shivam Sundaram."
On the work front, Preity is gearing up for her much-anticipated return to Bollywood with Rajkumar Santoshi’s Lahore 1947, produced under Aamir Khan Productions. The film, also starring Sunny Deol, Shabana Azmi, Ali Fazal, and Karan Deol, marks her comeback after a long hiatus.
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