Home News Reports Truth about Nirav Modi's loan turned down by SBI for visiting in lunch hour

Truth about Nirav Modi’s loan turned down by SBI for visiting in lunch hour

On 20th February, Economic Times ran a story that Nirav Modi, prime accused in the multi-crorePunjab National Bank fraud, had first approached State Bank of India, but couldn’t get a loan as they were having a lunch break.

This story, which was published with the byline of the author, Shashank Tiwari, says how Modi had approached SBI in footsteps of ‘his mentor Vijay Mallya’. But he couldn’t get the loan as the employee was going for lunch. There has been a running joke that SBI employees take extended lunch breaks and hence whenever you visit an SBI branch for any work, getting a ‘lunch break’ as an excuse for not doing work immediately is accepted. Of course, it is a joke and we are no way implying incompetence or laziness of SBI employees. However, the news above is not really news, but a satire, form another website of Times Network, a satire page called ‘mocktale’.

- Advertisement - - Article resumes -

The satire piece was mistakenly taken as real news and re-published by Economic Times without fact-checking. After alert Twitter users pointed out, Economic Times deleted the tweet, but not before screenshots were taken.

This is not the first time satire has been mistaken for real news. Earlier, we had written on mainstream media and the lost art of satire. It talked about how satire by columnist and scientist Anand Ranganathan has been picked up by mainstream media as real news more than once.

Perhaps the blame to media houses mistaking satire for real news should go to Rahul Roushan who founded Faking News, one of India’s first satire websites. One of the fake news titled “Unable to attract even a single girl, frustrated man sues Axe” was taken as seriously by mainstream media houses.

Now, if only mainstream media houses have tried to check facts before sensationalising, or even had a sense of humour, we wouldn’t have to spell out sarcasm to them.

Share This Post With Your Friends & Fans:
We need your support to survive in the media industry. Please consider paying us for the content we produce:

To know more about these payments, please click here.


Election 2019 Final Tally

Check the final seat tally and other post election coverage

A tribute to OpIndia’s fallen star

On 13th May 2019, Devandhu Rajput succumbed to cancer.

The Left has lost its deposit. It is time for the Right to fight Modi

Modi 2.0 heralds a new beginning for India and her people. It must not be allowed to cultivate the habits of Modi 1.0.

Smriti Irani’s aide in Amethi shot dead, his son says some Congress workers were not happy with BJP’s ‘Vijay Yatra’

Smriti Irani had defeated Rahul Gandhi on his home turf of Amethi in Uttar Pradesh by a margin of 55,120 votes
NYT peddles Modi 2.0 as victory of India's most divisive leader

Dear New York Times, India has chosen Modi 2.0, deal with it

When India gives a thumping, unprecedented, overwhelming victory to a man who has made every single Indian feel proud of their nation and heritage, the NYT's heartburn is expected. 

Congress-friendly journalist Pallavi Ghosh calls out her own channel for reporting ‘wrong news’ about the Gandhis

Senior journalist Pallavi Ghosh just accused her own channel of spreading fake news

The Wire traces and ‘hunts down’ Muslim women who support Modi, call them ‘RSS-backed’

The Wire insinuates that the voices of these Muslim women are not valid only because they are part of an organisation that is 'RSS-backed'

Congress is now reduced to a ‘vote cutter’ party, costing its allies as many as 9 seats in UP

The grand old party has reduced itself to a fringe party which cuts into votes costing their own former ally as many as 9 seats in UP
CWC has 'unanimously' rejected Rahul Gandhi's resignation

The Clown Prince is completely naked but the CWC does not have the courage to tell him

CWC, where Rahul Gandhi is the chairman, rejected Rahul's resignation, asked him to reconstruct the party.

The story of BJP’s rise and rise in West Bengal: The story starts not in 2019 but 2017 Ram Navami

History may remember the 23rd of May, 2019 as the day when the future of Bengal Politics changed forever. However, it was on the 5th of April, 2017, on the auspicious day of Ram Navami that the seeds of it were sown.
Subscribe to Day's Top Stories

Latest articles

Connect with us

165,037FansLike
143,322FollowersFollow
65,201SubscribersSubscribe
Share This Post With Your Friends & Fans: