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What is the need for NDA Government to privatise PSU Banks? | India Revival Mission Council
Posted
February 20, 2021
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February 20, 2021
122
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22:10Now PlayingIn this edition of the India Revival Mission Council, we discuss the privatisation of PSU Bank and whether it is a boon or bane for India. In 1969, Former Prime Minister and Finance Minister Indira Gandhi decided to nationalise the 14 largest private banks in the country and now, in 2021, the NDA Government ordered to privatise 2 public sector banks.
12 PSU Banks contribute to around 60% of banking. The bank unions have expressed their grief as they are against the decision of privatisation. They are even planning a 2-day strike in March. But, what is the need to privatise public sector banks?
Watch what the experts had to say!
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