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*********

Thursday, July 7, 2022

Bank privatisation means: Government will sell public sector banks to capitalists

Bank privatisation means: Government will sell public sector banks to capitalists. Capitalist will make banks business to earn profit but not service. Common public's money will go to the capitalists. History is a witness that thousands of private banks have drowned since independence, depositors have not received their deposits yet government is advocating for private banks. This is injustice, injustice. Completely failing to tackle problems like rising inflation, rising unemployment. Central government is announcing some proposals to distract the public from these fundamental problems which sound revolutionary, but in fact if it is ni Let the decision be applied Not only will the problems of the general public of the country increase but the national economy will fail so badly that it will not be possible to deal with unemployment, inflation and economic slavery for decades to come.
Without hesitation and shyness the government declares that the country's public sector financial institutions - public sector banks, all will be privatized. Hey, what kind of decision is this, why does the government want to sell the national property?? What is the intention of the government- is it necessary to know this?? Capitalists who borrow millions from banks are given the opportunity to flee abroad if they have no intention of repaying the debt. The money belongs to the common people but to use it, the decision to sell public undertakings to a few industrial families. This decision is completely wrong, unfair and against national interest.
Down with the privatisation

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Bank of Baroda Officers Union announces All India strike against New Transfer Policy

The All India Bank of Baroda Officers’ Association has declared a strike in protest against the bank management’s new anti-officer transfer ...

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