New Delhi: Twitter found itself in a terrible mood after the RBI announced a moratorium on Yes Bank and this saw outraged responses from the government’s biggest critics as well as ordinary individuals.
Rahul Gandhi, Congress, was first in line to crack the ‘Yes Bank’ becomes ‘No bank’ joke.
No Yes Bank.
Modi and his ideas have destroyed India’s economy.
— Rahul Gandhi (@RahulGandhi) March 6, 2020
Former finance minister and Congress leader P. Chidambram wants to know, who’s next?
BJP has been in power for six years. Their ability to govern and regulate financial institutions stands exposed
First, it was PMC Bank. Now it is YES Bank. Is the government concerned at all? Can it shirk its responsibility?
Is there a third bank in the line?
— P. Chidambaram (@PChidambaram_IN) March 6, 2020
To which BJP IT cell head Amit Malviya blames P Chidambaram for the failing economy and the bank crisis. So tu-tu main-main continues…
No Rahul, it is P Chidambaram, your former finance minister, who is responsible for the mess India’s banks and economy are in…
Don’t take my word for it. Listen to your former ally. https://t.co/zSeOIDYvGy pic.twitter.com/T1Mfq3iiNB
— Amit Malviya (@amitmalviya) March 6, 2020
Politics aside, senior advocate Prashant Bhushan looked grim reality in the face—and it’s not a pretty sight.
Another Bank collapsed due to regulatory failure by Govt & RBI while promoters were siphoning out the money. Same thing happened with ILFS, DHFL & is happening with India Bulls https://t.co/W6xWj2qlUR
— Prashant Bhushan (@pbhushan1) March 6, 2020
Founder and CEO of Capitalmind Wealth, Deepak Shenoy wants the government to smell the coffee…and wake up.
No press conf yet? Can we swiggy/zomato over some coffee to Finmin and RBI? Maybe it's time to smell it…
— Deepak Shenoy (@deepakshenoy) March 6, 2020
Former BJP leader Yashwant Sinha, now a stern Modi critic, takes an ironic long view of the Yes Bank crisis.
Quite right. All the present ills the country is suffering from, including the banking crisis, are the creation of the Congress party. Modiji must be given a time of at least 50 years to clear the mess.
— Yashwant Sinha (@YashwantSinha) March 6, 2020
Poet and writer Kedar Mishra asks a very sharp question of the Indian public.
I am unable to understand my country. One by one bank are going to gutter. Today #YesBank goes #PMCBankCrisis way. Still we have a very popular government. Are we so idiot a nation or we have lost our mind?
— Kedar Mishra (@MishraKedar1) March 5, 2020
Here’s some advice from a Yes Bank user but follow at your own risk.
If you've money in Yes Bank(like me), don't panic. Follow these steps :
– Buy LIC policies, pay premium
– Open account with SBI Bank, pay bank charges
– Let them pump money in Yes Bank
– Withdraw from Yes Bank
– Close SBI Account
– Die peacefully
– LIC matured
— : K . (@CAtLarge) March 5, 2020
This tweeter deserves a huge thank you for so perfectly encapsulating the journey of Yes Bank in a fun and simple way.
Yes Bank Story so far! (a long thread)
— Pratiksha Dake (@PratikshaDake) March 5, 2020
Is Paytm picking up a fight with PhonePe? May the customer win!
Dear @PaytmBank
Inviting you to consider that if your #UPI platform was so 'seamlessly scalable', we'd have called you ourselves.
No point getting back up faster, if we have to desert our long term partners when they're down. Form is temporary, class is permanent.
— PhonePe (@PhonePe_) March 6, 2020
And, in these critical times, the ‘Original Don’, aka senior Bachchan discovers small pleasures in a spot of ‘twinning’
T 3461 – बड़े मियाँ तो बड़े मियाँ , छोटे मियाँ सुभान अल्लाह !!
When your Son starts wearing your shoes and clothes he becomes your Friend ..
" how ya doin' Buddy .. joi Bangla, joi 'Bob Biswas' ! "🤣🤣🤣🤣 pic.twitter.com/CVUvZj5Jwv
— Amitabh Bachchan (@SrBachchan) March 6, 2020