For the socio-economic development of the people of India, the State Bank of India became the capital of the Indian economy after the nationalization of the State Bank in 1955, 14 other banks in 1979, and 8 banks in 1980. Public accounts opened freely. It also spread to the Zakaichuk region of the country. Interest in savings increased. The Bank assisted in various fields like agriculture, small, medium enterprises, large enterprises, various small and medium enterprises, various projects, educational institutions, students, transport, health, etc. The veto of the Indian economy became stronger.
The bank's woes began before Covid-19, but the government has been using the excuse to increase NPAs. No doubt, it grew rapidly for the Kovid-19. The government has recently taken a decision as a solution - integration and privatization. And there is a blind notion that as the size increases, so does the security. This is an invalid theory. Based on this, State Bank and HDFC Bank were termed as ‘Too big to fail’. However, in the 2008-09 election, when the capitalist country was in the United States, monster-shaped banks like the Hellman Brothers or the Goldman Sachs or the AIG were in the shape of monsters. The insurance company was in a state of turmoil, but it turned out to be useless. According to the top officials of the nationalized banks, with the ‘defaulter meal’, the highest level of corruption in the ICI has come to the fore again. This is normal. This is because when the fire burns, the toilet or the temple dances. In addition to private bank bars outside RTI. There is no obligation to let anyone know if they want to know. However, public sector banks are responsible for disclosing information to the public.
At the time of denomination, the bank employees worked like soldiers day and night. Eighteen employees were killed. The government, however, did not provide any special assistance to the families. The government will now allow non-government banks to conduct government transactions. However, only nationalized banks were selected to implement government schemes. From time to time, the Reserve Bank of India pays a portion of the fine to a private bank for violating various rules. But he pays the fine with a smile and repeats it. This is not possible in a government bank. Old non-performing banks, Axis, ICICI Bank NPAs have increased. But the government will privatize. This is required to get to the south of the store. The first condition of its membership or treaty is that all areas under national control should be relaxed, destroying the social orientation of the national enterprise and opening up the market to non-profit and international capital. Profits and monopoly capital should be developed by eliminating wages, allowances, public welfare, etc.
This is the policy of the present government. At the airport, BSNL has been crippled and the door to privatization has been opened. BSNL did not issue Forge license but without payment to Geo Company. For-G ariel in the market. Thousands of BSNL workers were given compulsory retirement. Now the property has been sold. Some have already sold the airport. Becharakari contracted to run the train. At the moment, the bank employees have appealed to the government not to privatize the nationalized banks. So the public has to be aware.
I request everyone to don't take it negatively, it's just for entertainment purposes.