Yes Bank Crisis: BJP defends RBI's move to cap withdrawal

BJP MP GVL Narsimha Rao said that the account holders of Yes Bank should not worry as the Government has increased the insurance amount to Rs 5 Lakh. He assured that no one will lose the money. Union Minister Vijay Goel, however, did concede that corporate rules may need to be changed but also asserted that it's better than the government takes action against wrongdoings rather than hide it as the previous governments did.