AIBEA (All India Bank Employees Association) held meeting of private bank employees recently. In the meeting several demands were introduced. Next meeting is scheduled to be held on 9th and 10th November at Nainital. One of the most important demands includes the nationalization of all private banks. AIBEA General Secretary C.H.Venkatachalam has urged on social media platform X (formerly Twitter) to nationalize all private banks.
Currently, India has 12 public sector banks, and the government is considering privatizing some of them. Plans have already been announced to reduce the number of PSU banks to just 4 or 5. What are your thoughts on the AIBEA’s decision in this regard? Share your views in the comments below.
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