The finance minister was speaking in Mumbai on the occasion of the Narendra Modi government
The above news item is being forwarded to us by some of our unions and members and seeking clarification.
All of us are aware that this is the well-known agenda of the present Government.
All of us aware that UFBU/AIBEA are opposed to the idea of privatisation of Banks.
All of us are aware that it is our standing decision and reiterated in our Mumbai Conference also that if Government will move in any way regarding privatisation, there shall be immediate agitations and strikes.
Hence, we need not go by any routine Statement by the Government or the Minister. If Government or RBI will take any concrete steps, UFBU/AIBEA will react and respond.
AIBEA