The Economic Times

'INDI alliance parties ruined PSBs': Sitharaman responds to Akhilesh's 'Season End Sale' remarks on IDBI-Fairfax deal

Finance Minister Nirmala Sitharaman addressed Akhilesh Yadav's criticism regarding the IDBI Bank-Fairfax deal and mentioned the UPA's past mismanagement. She accused the INDI Alliance coalition of harming public sector banks through crony capitalism and phone banking practices. In response, she highlighted how Yadav's party supported the UPA while banks were in distress. Sitharaman emphasized that the condition of banks reflects decisions made during the UPA era.