There are rumors suggesting that the government may privatize all public sector banks soon. A whooping 665 private banks failed in the period between 19 forty seven and 19 69. P s bs make up nearly 85 % of the total rural branches in India. They also play a vital role in helping people access subsidy benefits from the government.
In today's episode for 1st July 2022, we see the debate surrounding bank privatization.
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