Finance Minister Piyush Goyal on Friday while presenting the interim budget said Rs 3 lakh crore had been recovered from big corporate loan defaulters.

'We have stopped culture of phone banking,' he said, referring to alleged practice of 'loans over phone' during the UPA regime.

Goyal, who stepped in as interim finance minister after Arun Jaitley had to fly to New York for medical treatment, said the Bank of India, Oriental Bank of Commerce and Bank of Maharashtra have been removed from the prompt corrective action framework of the RBI.

'I hope other banks too would soon come out of PCA framework,' he said.

The minister also claimed that 'our government had the guts to ask the RBI to look at bad loans and present correct picture to nation'.

He said the Insolvency and Bankruptcy Code was helping in recovery of non-performing loans and 'even big businessmen are now worried about loans'.

The interim finance minister has also said that 1 lakh digital villages would be made.

He also said 34 crore Jan Dhan bank accounts had opened, bringing many people formally under the banking system.

He also said there would be a single-window clearance for shooting films. The film Uri was also mentioned. 'Mujhe jo maza aya,' Goyal said to loud thumping and cheering in the House.