Privatisation of banks boon or bane

Author: 
Dr. Ravikiran R Garje

Recently, government of India has hinted that public sector banks can be privatized. This led to unrest among the bank employees and they went on protest strike. In this paper it is tried to show that how few (20) private banks has been nationalized in 1980’s and same banks now government want to privatize. Motive of nationalization and motive behind privatization seems to be contradictory; same has been highlighted in this paper.

Paper No: 
4067