COMMENTS NO: YEAR/2017/1161

“A CUSTOMER OF A NATIONALIZED BANK: 'Again, the employees of PSU Banks 
went for a strike on 22nd August 2017, but, this time, against the Indian 
Government's decision to merge several PSU Banks. Basically, one should 
welcome such a move, because, after mergers of several 
banks, the Indian PSU Banks will become stronger 
in terms of market capitalization.' 
AN EMPLOYEE OF A NATIONALIZED BANK: 'Non Performing Assets (NPA) will 
also increase, so is the percentage of provisions. Some customers may 
switch to private banks as some PSU Banks will lose their brand values 
and brand identity altogether. The moment, the 
corporate culture steps into the PSU Banks after mergers and acquisitions, 
the strategies of financial inclusion will be badly hit as all PSU Banks 
will run after net profits only at any cost.'”- Arindam Sain