King Nagarjuna has made it clear that he is no more a loan defaulter to any bank. Ever since reports have been out that nationalized banks wrote off Rs.7000 crores of loans to defaulters, it has been speculated that if Nagarjuna was one among the beneficiaries.
Nagarjuna, however, has come up with a solid explanation to put all those speculations rest. “For the few who may believe so neither me nor Annapurna Studios owe any money to any banks!! FYI. “It is true we took a loan frm banks to build new film facilities at Annapurna Studios earlier. ALL LOANS HAVE BEEN CLEARED EARLIER THIS YEAR," Nagarjuna tweeted.
Hitherto, it was buzzed that Nagarjuna took a loan of around Rs.100 crores from various banks last year. He had also received notices from Andhra Bank for not getting his loans cleared. Whatsoever, Nagarjuna's tweets made his fans heaved a sigh of relief.
