Bank Employees opposed

The Bank Employees’ Federation North Eastern Region, in its virtual meet held yesterday, strongly opposed privatization move of public sector banks, while demanding further improvement in 11th Bipartite Settlement. The Federation feels that skeletons stored in the cupboard of recent bank mergers are falling off. The bank mergers was formalized in April 2020, while the entire country was under lock-down. The declared objective was to strengthen public sector banking sectors. Now, couple of months apart, the real agenda stands revealed. If media reports are any indication, the Govt is set to privatize several PSBs. Everyone knows Govt of India nationalized…