How did YES Bank's loan figure reach Rs 2.41 lakh crore? P. Chidambaram

New Delhi, Mar 6, 2020, Friday

Former finance minister and Congress leader P. Chidambaram has targeted the Modi government over the excitement of the financial crisis created at Yes Bank.

P Chidambaram has alleged that the NPA has increased four times in the rule of the Modi government and that the notation has worsened the situation.

He said that the credit for issuing Yes Bank loan has increased since the arrival of the NDA, ie the Modi government.

As per this figure, Yes Bank loan

55000 crores in 2014

75000 crore in 2015

98000 crore in 2016

1.32 lakh crore in 2017

2.03 lakh crore in 2018

It reached 2.41 lakh crore in 2019.

P Chidambaram said, "I believe that the finance minister has exposed his ignorance by accusing the UPA. After my statistics, the finance minister now shows how the loan book of Yes Bank has increased to such an extent. Should be charged as well as reassure consumers that their money will be safe.


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