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Sunday, April 11, 2021

Here’s why #bankbachao_deshbachao is trending on Twitter

#bankbachao_deshbachao started trending after journalist Adesh Rawal tweeted about the shortlisting of four mid-sized state-run banks for privatization.

During the readings of Union Budget 2021, Finance Minister Nirmala Sitharaman had announced the government’s plans of privatization of two state-run banks, which excluded IDBI Bank. However, according to the latest reports, the government has shortlisted four mid-sized state-run banks for privatization.

This comes after journalist Adesh Rawal tweeted about the shortlisting of four mid-sized state-run banks for privatization. The four banks that have been shortlisted by the government are Bank of Maharashtra, Bank of India, Indian Overseas Bank, and the Central Bank of India.

According to Finance Minister Nirmala Sitharaman, the government has big plans for public sector banks. For that, the government will put 2 public banks on sale at the start of next financial year i.e April 2022.

Having said that, netizens are not really happy with the decision, and as soon as the news came out hashtag #bankbachao_deshbachao started trending on Twitter.

Have a look:

What do you guys think about it? Will privatization of banks help in building the future of India or destroy it completely?

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Mayuresh Patil
My Instagram says I am silent-ink, My Facebook says I am a Newsy Guy. And My Gmail says I am an Utter Chaos. To sum up, a combination of Creativity + Simplicity. Also, never underestimate the power of words.

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