Akhilesh Yadav vs. Ministry of Finance : Hitting back at SP chief Akhilesh Yadav's allegations, the Finance Ministry on Friday said that due to continuous government intervention and banking reforms, public sector banks (PSBs) recorded the highest ever net profit of Rs 1.98 lakh crore in the financial year 2025-26. On this, the former UP CM retaliated and fired 12 questions at the ministry. These include many issues including privatization of banks, deduction of money from accounts and online fraud.
Read :- Akhilesh Yadav took a jibe at BJP, said – 'The engine of Lucknow Express has failed'
SP MP Akhilesh Yadav said on social media platform Who have run away with loans worth trillions of rupees from banks? 5. If banks have become strong, then why are people being diverted for cash by closing branches and ATMs in rural areas?
@DFS_India
twelve years, twelve questions
1. If banks have become strong then why are they being sold?
Read :- Pallavi Patel increased the tension of Akhilesh Yadav, her party Kamerawadi is staking claim on so many seats.
2. If banks have become strong then why is money being deducted from the accounts of poor people?
3. If banks have become strong then why are public money being refused again and again in the name of KYC?
4. If the banks have become strong, then why are those people who have absconded with loans worth trillions of rupees from the banks not being caught and brought to the country and punished?
5. If banks have become strong then why are the public being diverted for cash by closing branches and ATMs in rural areas?
6. If banks have become strong, then why are farmers, students and small shopkeepers not getting loans without middlemen and guarantors?
Read :- Shock for BJP in Gonda! Bhavani Bhik Shukla, close to Brij Bhushan Sharan Singh, left BJP and joined Akhilesh Yadav.
7. If the banks have become strong, then why is the money of a poor person who is a victim of cyber fraud not returned immediately? Why is he made to go to the police station and the bank?
8. If the banks have become strong, then why is the interest on home loan and education loan so high that the back of the common man is breaking?
9. If banks have become strong, then why is public money being kept on hold for several days if digital transactions fail?
10. If the banks have become strong, then why are the future of the youth being spoiled by calling them defaulters due to a small mistake in the CIBIL score?
11. If banks have become strong, then why is there no help counter in every branch to protect the elderly and illiterate people from UPI and online fraud?
12. If the banks have become strong, then why are the legitimate demands of the bank employees not being accepted and why are there no new recruitments in the banks and why is there so much pressure on the existing employees that customer service is being ruined?
Read :- Veteran leader of Moradabad Rajiv Channa joined Samajwadi Party, Akhilesh Yadav got membership.
— Akhilesh Yadav (@yadavakhilesh) October 17, 2026
The SP chief further wrote, “6. If the banks have become strong, then why are farmers, students and small shopkeepers not getting loans without middlemen and without guarantors? 7. If the banks have become strong, then why is the money of a poor person who is a victim of cyber fraud not returned immediately, why is he made to go to the police station and the bank? 8. If the banks have become strong, then why is the interest on home loans and education loans so high that the back of the common man is breaking?” 9. If banks have become strong, then why is public money being kept on hold for several days if digital transactions fail?
Hitting back at the Finance Ministry's post, Akhilesh said, “10. If the banks have become strong, then why are the future of the youth being spoiled by calling them defaulters on the slightest mistake in the CIBIL score? 11. If the banks have become strong, then why is there no help counter in every branch to save the elderly and illiterate people from UPI and online fraud? 12. If the banks have become strong, then why are the legitimate demands of the bank employees not being accepted and in the banks Why are there no new recruitments and why is there so much pressure on existing employees that customer service is deteriorating?”