New Delhi [India], October 19 (ANI): Claiming that foreign firms are "gradually being allowed to acquire Indian banks," Congress leader Jairam Ramesh on Sunday said "these imprudent moves pose substantial risks," and recalled that the Jan Sangh (a precursor to the BJP) had criticised then prime minister Indira Gandhi for not nationalising foreign banks in July 1969.

In a post on X, the Congress leader wrote, "Just as a matter of historical interest, the Jan Sangh had criticised Indira Gandhi for NOT nationalising foreign banks in July 1969. This is a news report of Dec 28, 1969, after the Jan Sangh's meeting in Patna the previous day."

https://x.com/Jairam_Ramesh/status/1979795856309252462?s=08

Ramesh further raised concerns over the gradual acquisition of Indian banks by foreign en

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