PM, FM clueless on economy, they are like quacks: Cong on Yes Bank crisis

The Congress on Friday hit back at Finance Minister Nirmala Sitharaman for her comments that the genesis of the problems facing Yes Bank started during the UPA rule.

Senior Congress leader P Chidambaram tweeted data on Yes Bank’s loan book having increased from Rs 55,633 crore in 2014-15 to Rs 241,499 crore in 2019-20. He asked how was it that Yes Bank’s loan book grew by 35 per cent during the last five years when overall bank credit increased by only about 10 per cent.

Congress spokesperson Pawan Khera said bank frauds have increased during the Narendra Modi government’s tenure. He said