Another Bank failure....
The licence of Independence Co-operative Bank, Nashik has been cancelled as it does not have adequate capital and earning prospects. Depositors will get refund of their deposits upto Rs 5 lakhs only .
Public Sector Banks are the sole backbone of Indian Economy. People can rely, believe ,trust on this.
India have witnessed several private and cooperative bank failure over the years. But PSBs are stand like banyan tree. Multiple economic wave came but PSBs take the challenges and save the Indian economy in various occassions.
Protect Public Sector Banks for the future India.
#Privatisation of PSBs we oppose
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