CPI(M) Polit Bureau has issued the following statement on March 7, 2020THE collapse of Yes Bank has raised many disturbing questions about the functioning of private banks and the failure of the regulator, the Reserve Bank of India, to intervene in time. The Yes Bank episode is the worst example of crony capitalism. The record shows that the loan account of the bank increased spectacularly from Rs 55,633 crore in March 2014 to Rs 2,41,999 crore in March 2019. The bank was saddled with huge loans given to corporates favoured by the ruling regime. Some of these c