A small but important part of the democracy....💯% follow back to bankers .... RTs not endorsement... tweets are personal
Jun 7, 2020 • 15 tweets • 7 min read
Why #IndiaNeedPSBs A legitimate question from all the stakeholders, customers and our under priviledged public.
India had Nearly 600 banks in pre independence era out of which 559 private banks in India failed, with numerous people losing their life’s savings. 1/n
A total of 736 private banks failed, amalgamated, ceased to function or transferred their liabilities and assets, or went into liquidation between 1948 and 1968 in whole.
So what can be done to prevent these failure?
