The case may be similar, but the scale is vastly different. For example, while PMC Bank had total deposits of just around Rs.12,000 crore, the deposit base of Yes Bank is as huge as Rs.220,000 crore. That is a different magnitude of liquidity disruption altogether. The only similarity is that in both the cases, the RBI and finance ministry’s announcements have been keeping small depositor’s interests in mind. Clearly, the situation of PMC Bank and Yes Bank are different and not comparable. The government cannot afford to let such a large bank like Yes Bank fail as it will have adverse consequences for the entire sector and the economy. That is called systemic risk. In the case of Yes Bank, the good news is that SBI was roped in with an expression of interest quite early in the day. This ensured that there would be no panic on the streets and ATMs, unlike in the case of PMC Bank. Also, the revision of deposit insurance from Rs.1 lakh to Rs.5 lakh will be a blessing in disguise.