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:
📌 Social welfare
📌 Controlling Private Monopolies
📌 Expansion of Banking
📌 Reducing regional imbalance
📌Priority Sector lending
Etc to name a few.
May 17, 2020 • 13 tweets • 9 min read
Hello netizens, in case you are wondering why bankers are trending #BankNirbharBharat & #928Days .
Kindly go through the thread-
Since March 2020, 9.13 crore farmers have been paid Rs 18,253 crore under PM-KISAN during the #lockdown. About three crore farmers with agri loans totaling Rs 4,22,113 crore availed the benefit of the 3-month loan moratorium. @RBI@FinMinIndia@DFS_India@PIB_India (1/n)