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Saturday, April 9, 2016

COMMENTS regarding bank merger

Merger and consolidation of banks requires looking to present stock of situation in India. But government may come out with changes in present law to recover from wilful defaulters. Surprisingly when banks sell any assets against which he lent loan, out of sale proceeds utilization is as under:
1. Employees dues.
2. Government dues.
3. Bank's dues.
ramya raja

PSU Bank & Banks employees are not inefficient ... Inefficient are those who are running the Govt and making policies to sell PSU's to pave the way for capitalism.First try to make rules for collection of People's money from willful defaulters, because one day Vijay will come and get a Bank license. When there was economic crisis in the world , PSU banks saved the Indian economy.
hrisikesh chatterjee



We should support the merger of PSBs with only one condition, that the rights of employees remain protected. Opposition of merger by trade unions is not a view in right direction. We still remember initially pension option was also opposed, and later on found to be wrong.    dalbir singh

Hand over all public sector banks to Adani brothers. Problem solved.
subbya iyer mani

For last 20 yrs Union govts are after PSB for merger with little success. State bank of Indore has been merged in state bank of India. It is said that before merger state bank of Indore increased its NPA, have promotions to its staff and committed various irregularities. What is the achievement of merger? 
The govt should leave efforts for merger, keep only two three banks in public sector and withdraw from banks which do not want to merge. Why should govt run banks?
If govt really wants big bank, it should create a new one.
Got is giving licences to small new private banks & is forcing small govt banks to merge? Let them grow if possible in private sector. Do not go on investing in them and than fight for reducing govt stake in banks. 
I do not know why they just can not throw away old files of congress regime which have useless suggestions for corruption.
ravindra pandya

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