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Union Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha, during the Budget Session of Parliament, in New Delhi.
Amid bank strike over the proposed privatisation of the public sector banks, Union Minister Nirmala Sitharaman on Tuesday said not all banks are going to be privatised adding the interests of the employees will be taken care of. We have announced a Public Enterprise Policy, where we have identified 4 areas where public sector presence will be there, in this, the financial sector too is there. Not all banks are going to be privatized, she said. Interests of workers of banks which are likely to be privatized will absolutely be protected - whether their salaries or scale or pension, all will be taken care of, Sitharaman added.
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