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<\/p>\nOn March 5, the Reserve Bank of India (RBI) announced that it was superseding the board of directors at Yes Bank for a period of 30 days “owing to a serious deterioration in the financial position of the Bank”. The RBI also imposed a moratorium on Yes Bank under section 45 of the Banking Regulation Act, 1949, effective till April 3. The regulator of the entire Indian banking system has capped the limit of regular withdrawals for Yes Bank customers at Rs 50,000 for the moratorium period.<\/p>\n
Now, a graphic enlisting four companies, supposedly owned by Congress leaders, which are “wilful defaulters of Yes Bank”, is doing the rounds on social media. The top four purported wilful defaulters are – “Full Innovations” owned by P. Chidambaram, ‘Young Indian’ owned by members of Gandhi family, Jindal Steel by Congress leader and industrialist Naveen Jindal, and “Rehmat foundation” by Ahmed Patel. According to the claim, the amounts owed to the banks by these companies are Rs 40,000 cr, Rs 70,000 cr, Rs 49,000 cr, and Rs 80,000 cr respectively.<\/p>\n
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Alt News has also received several requests on its official app<\/a> to fact-check this claim.<\/p>\n The same was also shared by individuals on Twitter<\/a> and Facebook<\/a>.<\/p>\n #Yes_Bank<\/a> 1st top list of defaulters<\/p>\n 1) Rehmat Foundation: 8,00,000 cr 3) Jindal Steel: 4,90,000 cr 4) Full Innovations: 4,00,000 cr \u2014 Bainktesh Nandvansi (@bainktesh) March 12, 2020<\/a><\/p><\/blockquote>\n Alt News couldn’t find any media reports where the name of these companies crop-up. Finance Minister Nirmala Sitharaman addressed a presser where she referred to the very stressed corporations whom Yes Bank had lent. She cited Reliance Group, Essel Group, DHFL, IL&FS and Vodafone Idea.<\/p>\n “I wouldn\u2019t even mind taking their names as they are in public domain and I am not violating any customer\u2019s privacy. Anil Ambani Group (Reliance Group), Essel Group (of Subhash Chandra), DHFL (Dewan Housing Finance Corp. Ltd.), Infrastructure Leasing & Financial Services Ltd. and Vodafone are some of those very stressed corporates to whom Yes Bank has been exposed. This is from prior to 2014,” said<\/a> the minister. She can be heard saying this starting from 14 minutes in the video below.<\/p>\n https:\/\/www.youtube.com\/watch?v=QtszVFZZ238<\/a><\/p>\n![\"\"](\"http:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2020\/03\/defaulters.png\")
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\nOwner: Ahmed Patel(MP) PA to Sonia
\n2) Young India: 7,00,000 cr
\nOwner: Sonia & Rahul Gandhi<\/p>\n
\nOwner: Congress MP Naveen Jindal<\/p>\n
\nOwner: P Chidambram<\/p>\nFact-check<\/h4>\n
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