Cong alleges Centre trying to finish Indian banking industry through privatisation ANI | Updated: Mar 16, 2021 13:51 IST
New Delhi [India], March 16 (ANI): Congress s Lok Sabha Member of Parliament Manickam Tagore condemned the Centre for trying to break the backbone of the banking industry by privatising public sector banks. Bank associations are on strike against the privatisation that the Modi government is carrying out. It is trying to break the backbone of the banking industry, which is unfortunate, Tagore said. As we know, in 2008 the Indian bank system overcame the recession, the reason is simply that the Indian banking system has nationalised bank with lots of checks and balances. The tried and tested method of the Indian banking system is at now at in a breaking point, he alleged.
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