#Bankbachao_deshbachao trending after journalist Aadesh Rawal tweeted about the shortlisting of four medium-sized state-run banks for privatization
During the Union Budget 2021 readings, Finance Minister Nirmala Sitharaman announced the government’s plans to privatize two state-run banks, excluding IDBI Bank. However, as per the latest reports, the government has shortlisted four medium-sized state-run banks for privatization.
Journalist Adesh Rawal tweeted about shortlisting four medium-sized state-run banks for privatization. The four banks which have been shortlisted by the government are Bank of Maharashtra, Bank of India, Indian Overseas Bank and Central Bank of India.
According to Finance Minister Nirmala Sitharaman, the government has big plans for public sector banks. For that, the government will put two public banks up for sale in the beginning of the next financial year i.e. April 2022.
Saying that, netizens are not really happy with the verdict, and as soon as this news came out the hashtag #bankbachao_deshbachao started trending on Twitter.
have a look:
What do you guys think about it? Will privatization of banks help in building India’s future or completely destroy it?