Government Of India Needs To Focus On Bank Privatization

Government Of India Needs To Focus On Bank Privatization.
Photo courtesy: Indian Express

Main aim of the government of India is to attain bigger banks instead of increased number of banks. The last huge merging of the three private banks was of Bank of India, Bank of Maharashtra, and Oriental Bank by the reserve banks of India’s PCA. (Prompt corrective action) and Allahabad Bank, Corporation Bank and Dena Bank will be the next to merge as a powerful organisation.

Merging of the bank is not just all, the government need to focus on the privatization but the elections have retained to delay in privatization.  Obligatory process if not immediately brought into action, in future new Government formation in states election may terminate privatization procedure by the end of this year.

Source: Swarajya

Visit www.werindia.com OR Hindi.werindia.com to read news from 500+ news sources... आपका अपना डिजिटल अख़बार |



     
  • 22 Feb 2019
  • K Roy

Leave a Reply

Recommended for you

Your Opinion

Ayodhya Case : What is going to be the verdict of Supreme court?

View Results

Loading ... Loading ...

View Older Polls

आपकी राय

अयोध्या केस : क्या होगा सुप्रीम कोर्ट का फैसला?

View Results

Loading ... Loading ...

View Older Polls