Merger is a better option thn Privatization which will retain national assets & pride. Public Sector Banks built frm Hard-earned money of taxpayers which will help in strengthening the Economy in the interest of the Nation
#SaveIDBI#LoksabhaElecetion2024
https://t.co/vuCc2jRuIS
A study on Privatization was conducted in Mozambique 2013, it was found tht it had major effect on employment. As thr wer job cuts, low payless job security, inequality which is much better in PSU. It was concluded tht the PSU has vital role in providing decent work & equality
Classic case of gross negligence by one more Private Bank.
Main objective for any banking institution is to increase business but along with it there is also the responsibility to ensure that everything is as per @RBI policy & rules
#StopPrivatisation
https://t.co/i0bAVYrcSC
The Bank that contributed to Nation Building is being Sold to private players.
Stop Govt & Private player nexus in minting money from profit making entities
Join hands for a better Bharat not a Ghulam Bharat of money mongers
#StopSellingIDBIBank
The Bank that contributed to Nation Building is being Sold to private players.
Stop Govt & Private player nexus in minting money from profit making entities
Join hands for a better Bharat not a Ghulam Bharat of money mongers
#StopSellingIDBIBank
Non-recruitment of Staff is 1st stage of exploitation of staff by the Mgmt somewhere work will increase in existing staff &work life balance will be disturbed it also effect on staff performance. way to push PSBs towards privatization, British policy of hire & fire being promoted
Privatisation PSB May Contribute to the consolidation of the banking sector, leading to Increased market dominance by few large private players, which could stifle compitition and limit consumer choice.
#StopSellingIDBIBank#StopPrivatisation@ravishndtv@RBI@DFS_India
Privatisation PSB May Contribute to the consolidation of the banking sector, leading to Increased market dominance by few large private players, which could stifle compitition and limit consumer choice.
#StopSellingIDBIBank#StopPrivatisation@ravishndtv@RBI@DFS_India
2010:Impact of Privatization on change in wage growth is dependent upon uncertain interaction btwn firms & workers. Research conducted on Portuguese banking industry on the effect of Privatization was negative wage effect on educated, experienced &highly skilled workers
#SaveIDBI
In 2013, a study in Mozambique revealed the significant impact of privatization on employment. Job cuts, weakened union power, low wages, and job insecurity were prevalent, highlighting superiority of the public sector in providing decent work and equality.
#StopPrivatisation