Finance Minister Nirmala Sitharaman on Wednesday responded to Samajwadi party leader Akhilesh Yadav's remarks on IDBI Bank-Fairfax deal saying his allies now in the INDI Alliance ruined public sector banks through 'phone banking' and 'crony capitalism.'
Yadav launched a jibe at the latest Cabinet decision on sale of stake in IDBI Bank to Fairfax Financial Holdings’ subsidiary. "Now, all that's left is for the government to sell itself... It seems like the BJP government, seeing its shop about to shut down, has planned to put up a 'Season End Sale' sign and sell everything off before making a quick exit," he said.
