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Centre Bleeding Dry Public Sector Banks: P Chidambaram Rips Into Budget

Centre Bleeding Dry Public Sector Banks: P Chidambaram Rips Into Budget Centre Bleeding Dry Public Sector Banks: P Chidambaram Rips Into Budget While presenting the Union budget today, finance minister Nirmala Sitharaman had spoken of stressed asset resolution P Chidambaram also ripped into the special outlay for poll-bound states. New Delhi: Senior Congress leader and former finance minister P Chidambaram criticised the 2021 budget today on several counts, including special outlays for election-bound states and the measures announced for the Public Sector Banks or PSBs. The intent of the government is clear to let the PSBs bleed slowly so that they can be privatized, he said.

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