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Bank privatisation debate: Here's how the doyens see it

Bank privatisation debate: Here's how the doyens see it
Bank privatisation debate: Here's how the doyens see it

Synopsis

Punjab National Bank chief executive SS Mallikarjuna Rao mentioned the massive role of public sector banks in infrastructure financing. "The finance minister announces so many infrastructure projects, public sector banks would need to play a bigger role."

Kolkata: Bank privatisation is not the panacea for all the ills and myth has long busted that ownership changes behaviour, former Reserve Bank of India deputy governor SS Mundra said Friday. The government has announced its intent for privatising two banks and a general insurance company in 2021-22 stirring up a hornet's nest.The United Forum of Bank Unions, the umbrella organisation for all bank employees and officers' association, has opposed
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