Yes Bank – The Full Story Uncovered
The confidence of bank depositors in the country is plummeting day by day. After high-profile bank scam involving big PSUs like PNB and big corporations like PMC came to light, the common rhetoric that dominated the household room and public discussion was that depositing money in government or semi-government banking institutions is highly vulnerable to losing your hard-earned money.
The public has since been suspicious of depositing money in Public Sector Banks and started getting titled towards Private Sector Banks assuming that they are more secure from the threat of banking corruption. Nationalization of banks by former Prime Minister of India – Ms. Indira Gandhi began to be highly debated among scholars and intellectuals with many criticizing it and a common demand for disinvestment in the banking sector began to spring.
