Fact check

A post being shared on Social Media by the name of Sanjay Thakrar, CEO at Euro Exim Bank Ltd stating that cycling is a disaster for the economy.

Ayupp Fact Check image source social media

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Multiple Fake news claims-: A post being shared on Social Media by the name of Sanjay Thakrar, CEO at Euro Exim Bank Ltd stating that cycling is a disaster for the economy.

Sanjay Thakrar, CEO at Euro Exim Bank Ltd. got economists thinking when he said :

A cyclist is a disaster for the country's economy

- He does not buy the car & does not take car loan

- Does not buy car insurance

- Does not buy Fuel

- Does not send his car for servicing & repairs

- Does not use paid Parking

- Does not become Obese

- Yes,.....and well, damn it !! Healthy people are not needed for economy. They do not buy drugs. They do not go to Hospitals & Doctors.

They add nothing to country's GDP.

On the contrary, every new McDonald outlet creates at least 30 jobs - 10 Cardiologists, 10 Dentists, 10 weight loss experts apart from people working in McDonald outlet.

Choose wisely:
A Cyclist or a McDonald ?

Bhakts will chose McDonald...

Hilarious but true too 😄  Sanjay Thakrar, CEO at Euro Exim Bank Ltd.  got economists thinking when he said : 

A cyclist is a disaster for the country's economy  - He does not buy the car & does not take car loan  - Does not buy car insurance  - Does not buy Fuel  - Does not send his car for servicing & repairs  - Does not use paid Parking  - Does not become Obese  - Yes,.....and well, damn it !!  Healthy people are not needed for economy. They do not buy drugs. They do not go to Hospitals & Doctors.  They add nothing to country's GDP.  On the contrary, every new McDonald outlet creates at least 30 jobs - 10 Cardiologists, 10 Dentists, 10 weight loss experts apart from people working in McDonald outlet.  Choose wisely: A Cyclist or a McDonald ?   Worth thinking. 🤔🤔😀😀

  1. walking is even worse. they do not even buy a bicycle...

Facts Check Verdict: False

News Verification: The message shared on social media since 2018 is fake and there is no CEO like Sanjay Thakrar.

Exim Bank, Export–Import Bank of India is a finance institution in India, established in 1982 under Export-Import Bank of India Act 1981. Since its inception, Exim Bank of India has been both a catalyst and a key player in the promotion of cross border trade and investment.

The current CEO since 2017, of the bank is David Rasquinha.

We searched for the name Sanjay Thakrar in the web pages of the Exim bank and were not able to find a single information on someone named as Sanjay Thakrar..All the searches lead us to the fake messages on the Social media.

Leadership at eximbankindia, Board of directors

 

Sr. No.

Chief Executives of Exim Bank

Tenure

1

Shri. R.C. Shah

1982 - 1985

2

Shri. Kalyan Banerji

1985 - 1993

3

Ms. Tarjani Vakil

1993 - 1996

4

Shri. Y.B. Desai

1997 - 2001

5

Shri. T.C. Venkat Subramanian

2001 - 2009

6

Smt. Ravneet Kaur (additional charge)

2009 - 2010

7

Shri. T.C. A. Ranganathan

2010 - 2013

8

Shri. Anurag Jain (additional charge)

2013 - 2014

9

Shri. Yaduvendra Mathur

2014 - 2017

10

Shri. David Rasquinha

2017 till date.





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