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Yes Bank Rescue Plan

Yes Bank Rescue Plan "Bizarre", Huge Loan Spike Allowed: P Chidambaram

Saturday, March 7, 2020, 5:38 PM

Congress leader P Chidambaram said the government's bailout plan for the crisis-hit Yes Bank was "bizarre", targeting the BJP-led administration over a massive oversight failure that allowed a 35 per cent per year jump in its loan book since 2014. "The Yes Bank fiasco is only part of the mismanagement of the financial institutions under the watch of the BJP government," he added.
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