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This thread is intended to explain the reasons why we need PSBs & why these banks were nationalised in the first place.

& We would like to know why the current government feels that privatization of PSBs will be beneficial and for whom!

#StopPrivatization #StopBechendraModi
There was an idea behind nationalisation:
πŸ“Œ Social welfare
πŸ“Œ Controlling Private Monopolies
πŸ“Œ Expansion of Banking
πŸ“Œ Reducing regional imbalance
πŸ“ŒPriority Sector lending
Etc to name a few.
This is how the nationalization of banks was implemented!

#StopPrivatization
#StopBechendraModi
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