Minutes after the RBI superseded the Yes Bank board and capped deposit withdrawals at Rs 50,000 per account for a month for customers, reactions from those who owns an account in the bank came pouring in thick and fast on social media platforms.
Actress and Bigg Boss ex-contestant Payal Rohatgi who is always vocal about her support for the BJP government and Narendra Modi in a tweet expressing distress said that this is not the ‘sign of blooming economy’. In a deleted tweet Rohatgi also mentioned that her dad’s funds are stuck in the bank.
As soon as netizens started trolling her over her distress post , the actress soon jumped to defend her and tweeted, “RBI will do what’s best for Indian Citizens. The 50k withdrawal cap is for a reason to stabilize panic but what’s sad is @YESBANK officials sold a fake investor story to gullible customers & media resold it. But I TRUST the @PMOIndia to sort this conspiracy.”
Ram Ram ji ðŸ™Â RBI will do what’s best for Indian Citizens. The 50k withdrawal cap is for a reason to stabilize panic but what’s sad is @YESBANK officials sold a fake investor story to gullible customers & media resold it. But I TRUST the @PMOIndia to sort this conspiracy ðŸ™Â https://t.co/vRsQhlyGxW
— PAYAL ROHATGI & Team- Bhagwan Ram Bhakts (@Payal_Rohatgi) March 6, 2020
Replying to one of her trolls who said who said she got the ‘taste of the real ache din’ tweeted, “Your hatred for @PMOIndia is so much that U will encourage Indian Muslims to burn public property for a bill that doesn’t concern them. U celebrate that #YesBank misguided it’s gullible customers for months. And u all call yourself Humanitarians”
Many customers of YES Bank and netizens took potshots at the Narendra Modi-led central government. They asked if this is how India is planning to meet the $5 trillion target.
My money and I can’t use from tommrow ... wah re India wahhh .... cheat koi kare aur bhugte client why ?? My all account at yes bank even my FD ... @RBI why not arrest who do wrong with bank ?why we suffer ?? #YesBank
— MRUGESH PARMAR 🇮🇳 (@mrugesh123) March 5, 2020
Yes Bank depositors will be allowed to withdraw cash up to Rs 50,000 only from their accounts during the moratorium period. Additionally, Yes Bank will also not be able to grant or renew any loan or advance, make any investment, incur any liability or agree to disburse any payment during this period.
Also Read: How Yes Bank Became No Bank: A Tale Of Financial Failure In 5 Points
According to PTI, the RBI move came after the Rana Kapoor-promoted bank failed to raise capital to address potential loan losses. However, RBI has assured Yes Bank depositors and customers that their interest will be fully protected and that there is no need to panic.