Sitharaman Says NDA Revived IDBI Bank After UPA Era Bad Loan Crisis Reacting to Rahul Gandhi's opposition to the privatization of IDBI banks, Nirmala Sitharaman highlighted the bank's successful recovery thanks to the strategies of NDA governments. She pointed to the mismanagement of the previous UPA governments, which caused notable losses. Sitharaman also discussed the valuation process being examined for the share sale, and criticized Gandhi for his attempts to politicize banking matters and the undue pressure exerted on bank employees during previous administrations.