Friends banking industry runs on very crucial time. Government everyday
throwing stone in the name of merger and consolidation.
Quality of bank’s assets cannot improve until we
change our attitude Not only we , our ,
politicians and borrowers our union leadership have also to be change attitude.
Merger of banks alone cannot solve the sickness caused by increasing burden of
NPAs and continuous erosion in profitability, capital and capacity to sustain
losses.If big bank will solved every problem that means at present no problem
in SBI. No NPA no defaulter , customer
received good service compare to other
psu but all are wrong. In banking industries major problem in SBI worst service offer to customer only SBI
compare to other psu so why we want big bank
? why we want consolidation? No friends government play a hide game
By merger, GOI can put carpet on volume of bad loans for the
time being or transfer the burden of NPA to ARCs or to bad bank. GOI can change
the name of bad loans, change the place of bad loans, can change the definition
of NPA and so on but cannot stop further creation of bad loans using the tool
of merger and consolidation. Merger or consolidation only for bif corporate not for aam admi. So please raised your voice against merger or consolidation of psu
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