No Yes Bank. Modi and his ideas have destroyed India’s economy. #NoBank — Rahul Gandhi (@RahulGandhi) 1583476220000

BJP has been in power for six years. Their ability to govern and regulate financial institutions stands exposed F… https://t.co/JhgsWmrzUs — P. Chidambaram (@PChidambaram_IN) 1583472884000

NEW DELHI: Congress on Friday referred to the crisis in Yes Bank to launch an attack on the government for its “bad” handling of the Indian economy and alleged that Prime Minister Narendra Modi ’s “ideas” were destroying the country’s economy.Congress MP Rahul Gandhi tweeted “No Yes Bank” on Friday, taking a dig at the BJP-led government over the moratorium placed on the bank while his sister and AICC general secretary Priyanka Gandhi Vadra tweeted in Hindi to say BJP’s faulty policies had destroyed the Indian economy. In her two-line tweet, Priyanka said the economy, in its current state, would not be able to touch the $5 trillion mark, and that the government had said ‘Yes’ to destruction and ‘No’ to progress.Yes Bank was placed under a moratorium on Thursday, with RBI capping deposit withdrawals at Rs 50,000 per account for one month. RBI said the bank will also not be allowed to grant or renew any loans or advance, make investments, incur any liability or agree to disburse any payment during the period.Former finance minister and senior Congress MP P Chidambaram also slammed the Modi regime and said its “ability to govern and regulate financial institutions stands exposed”.“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?” Chidambaram said on Twitter.He also said he was wondering whether the BJP-led government would acknowledge that YES Bank’s loan book grew under its watch from Rs 55,000 crore in 2014-15 to Rs 2,41,000 core in 2019-20.“When overall bank credit during the above period grew by about 10%, how did YES BANK’s loan book grow by about 35%?” Chidambaram asked.In a coordinated attack on the government, the Congress party also tweeted from its Twitter handle, saying, “BJP has successfully managed to sink the economy without any remorse, regret or even a plan to put it back on track.”