WHAT WE OPPOSE

• Privatisation of Public Sector Banks

• Dilution of Govt. Equity Capital in PSBs

• Consolidation of Public Sector Banks

• Merger of Associate Banks with SBI

• Closure of Bank Branches in the name of Merger

• Deletion of Sec.12 (2) of B.R. Act providing for removal of 10% ceiling of voting rights of investors.

• Unbridled encouragement to private sector / foreign banks.

• Efforts to give license to Corporate Industrial houses to start Banks

• Disproportionate flow of bank credit to the big business.

• Not achieving targets to priority sector advances, especially agriculture sector.

• Inaction on increasing bad loans in banks.

• Non-transparency of details of bad loans.

• Financial exclusion

• Reduction of interest rates on deposits.

• Privatisation / commercialization of Regional Rural Banks.

• Ignoring the ill-health of Co-operative Banks.

• Closure of Pigmy / Small Deposit Scheme in Banks.

• Income Tax on profits of Co-operative Banks

• Micro-financing & rural credit should not be privatised