BREAKING NEWS

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first*** DA FOR BANKER FROM FEBRUARY 2023 SEE DETAILS CHART FOR OFFICER AND WORKMAN***Outcome of Today’s meeting with IBA - 31.01.2023***All India Bank Strike 27.06.2022******PLEASE VISIT INDIAN TOURISM CULTURE & HERITAGE *****NITI Aayog finalised names of Two public sector banks and one general Insurance Co. for privatisation****No economic reason to privatise PSU banks---post date 24.05.2021******Mobile users may soon be able to switch from postpaid to prepaid and vice versa using OTP*****India May Privatise or Shut 46 PSUs in First 100 Days, Says NITI Aayog's Rajiv Kumar----We should start with the banks*****Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab*****RTGS time window from 4:30 pm to 6:00 pm. with effect from June 01.06.2019******WITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI***** Salient features of Sukanya Samriddhi Account---Who can open and how?******OBC posts 39% rise in Q4 profit, OBC readt tWITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI o take another Bank--MD MUkesh Jain*******DA FOR BANKER FROM NOV 2018 IS INCREASE 66 SLAB I.E 6.60%****40,000 STANDARD DEDUCTION IN YOUR TAX - IS A GREAT DRAM/BLUFF BY JAITLY SEE DETAILS+++++++Cabinet approves plans to merge PSU banks-The final scheme will be notified by the central government in consultation with the Reserve Bank. post date 23.08.2017****IBA to restrict the negotiations on Charter of Demands of Officers' Associations up to Scale-III only post dated 07.07.2017*****

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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Tuesday, November 28, 2017

Nationalization Of Banks Was A Drama-- PM Modi

Nationalisation Of Banks Was A Drama To Cover Up Sacking Of Morarji Desai: PM Modi

 Sharpening his attack on the Congress in his home state, Prime Minister Narendra Modi on Monday said the erstwhile Indira Gandhi government played the "drama" of nationalising banks to "cover up" the "unceremonious" sacking of then Finance Minister Morarji Desai, a Gujarati.

Addressing a rally in Kadodara area of the city ahead of the first phase polling on December 9, PM Modi also accused the Congress of creating a "rift" in the society through its "caste-based" politics and said Gujarat is still paying the price of their "sins" committed 25 years ago.

Invoking Gujarati pride, PM Modi said, "Morarji Desai, a Gujarati from Surat, was unceremoniously sacked as Finance Minister by Indira Gandhi overnight. After being sacked, Mr Desai had said that he was discarded like a vegetable."

He said nationalisation of banks was a "drama" played by the erstwhile Congress government to "cover up" the sacking of Mr Desai.

"Immediately after sacking him ( Mr Desai), banks were nationalised overnight as part of the government's face-saving exercise (though) it was claimed that banks were nationalised to serve the poor," he said.

PM Modi said despite "sacrificing" Mr Desai, the doors of banks did not open for the poor.


The prime minister said it was his government which actually opened the doors of the banks for the poor.

"When we came to power (in 2014), those doors that were closed for almost 30 crore poor, we then opened those doors by introducing the PM Jan Dhan Yojna," he added.

In a veiled dig at Congress vice-president Rahul Gandhi, PM Modi said the BJP during its rule in Gujarat has "forced" people to visit temples.

"They (Congress leaders) ask me what BJP did in this 22 years (rule in Gujarat). (Among others things) We have compelled many people to visit temples," PM Modi said evoking a loud cheer from the crowd.

Mr Gandhi, who visited a string of temples during his party's ongoing campaign in Gujarat, has been accused by the BJP of playing the "soft Hindutva card".

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