Yes Bank crisis: "Modi and his ideas have destroyed India’s economy", says Rahul Gandhi
Yes Bank Crisis: Soon after the shares of Yes Bank crashed on Friday, Congress leader Rahul Gandhi blamed Prime Minister Narendra Modi and his ideas for destroying India's economy. He took to Twitter and wrote: "No Yes Bank. Modi and his ideas have destroyed India’s economy." The crisis came a day after the Reserve Bank of India (RBI) stated that it was superseding the board of troubled private sector lender with an immediate effect.
Adding, Shaktikanta stated that "A market-based resolution of the problem, a bank laid, investor laid resolution of the problem is always preferable. You have to give time to the bank, management to take the steps they need to take and they tried, RBI intervened when we found it was not working out."
Talking about the Yes Bank crisis, the Chief Economic Advisor Krishnaswamy Subramanian said that he wants to assure all depositors that their funds will remain safe, and there is no need to panic.
-PTC News 
