TBank of Maharashtra, Bank of India, and Indian Overseas Bank to be privatized over next six months.

The government is ‘nationalizing’ the temples and proposes privatization of the banks. Pressurise the government to stop taking over temples.

New Delhi – The Central Government announced the privatization of three nationalized banks. These banks are the Bank of Maharashtra, Bank of India, and Indian Overseas Bank. The Government stated in the budget speech that it will sell shares of two nationalized banks. Privatization of banks will result in the loss of jobs for several lakhs of people. Previous governments refrained from this move due to this major issue. Now the government assured that no one will lose their job after privatization.

Bank of India, three other public sector banks shortlisted for privatisationhttps://t.co/tTam9luajs

— Business Today (@BT_India) February 15, 2021