Sitharaman says IDBI Bank was handed over to the government in poor condition

Finance Minister Nirmala Sitharaman said the government received IDBI Bank in a weak state when it took charge of the lender. She framed the remarks as a defence of the institution's current position against earlier criticism. The statement points to the bank's past condition as a reason its turnaround has taken time. The article does not provide further figures or details beyond the minister's comments.