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Not all banks will be privatized, says, Nirmala Sitharaman on Bank strike day 2

  • At the time when the bank employees are on a 2 day nationwide strike against the privatization of banks, Finance Minister Nirmala Sitharaman has given a statement.
  • Sitharaman stated that not all banks in the country will be privatized. The interests of all the employees of the banks which will be privatized will be protected.
  • She added that the govt had announced the privatization of two state-owned banks in the budget, but their names have not been announced yet.
  • The FM said that the govt wants bank to meet the aspirations of the country and the banks that are to be privatized will continue to operate as before.
  • Letting you know, millions of bankers are holding two-day nationwide strike against the privatization of PSBs due to which major services of banks are affected.
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