Business Standard

Bank strike: Govt privatising profit, nationalising loss, says Rahul Gandhi

Taking a dig at the government, Congress leader Rahul Gandhi on Tuesday alleged that selling public sector banks to "cronies" will compromise the country's financial security

Congress leader Rahul Gandhi addressing media at AICC HQ in New Delhi

Congress leader Rahul Gandhi addressing media at AICC HQ in New Delhi

Press Trust of India New Delhi

Taking a dig at the government, Congress leader Rahul Gandhi on Tuesday alleged that selling public sector banks to "cronies" will compromise the country's financial security.

He also accused the government of "privatising profit" and "nationalising loss".

"Government of India (GOI) is privatising profit and nationalising loss. Selling PSBs to Modicronies gravely compromises India's financial security," Gandhi tweeted.

The Congress leader also expressed solidarity with the protesting bank employees, who are on a two-day strike against alleged privatisation of public sector banks.

"I stand in solidarity with the striking bank employees," he said on Twitter.

The bank strike, led by nine unions of public sector banks (PSBs) in the country, continued for day-two on Tuesday.

 

Customers will be inconvenienced to get services such as cash withdrawals, deposits, cheque clearances, remittance services. Government transactions related to treasury as well as business transactions will also be impacted.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mar 16 2021 | 11:13 AM IST

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