No Yes Bank “, Congress leader Rahul Gandhi on Friday slammed the BJP-led government over the moratorium on Yes Bank, saying that Prime Minister Narendra Modi and his” ideas “have destroyed the country’s economy.
“No, Yes Bank. In a tweet, the former Congress chief said, Modi and his ideas have destroyed India’s economy.
Yes, Bank was placed under a moratorium on Thursday, with the Reserve Bank of India (RBI) capping withdrawals deposited in the bank at Rs 50,000 per month and returning to its board.
The bank will not be able to grant or renew any loan or advance, make any investment, take any liability or agree to decline any payment during the period.
For the next month, Yes Bank will be headed by RBI appointed Administrator Prashant Kumar, a former Chief Financial Officer of State Bank of India (SBI).
