The last chapter in `Pandemonium: The Great Indian Banking Tragedy' says, "If all state-owned banks cannot be capitlilised, the government must choose... Can a few of these be privatised?" -- Page 452 This is what exactly the Govt has decided to do. The Budget talks about privatising two PSU banks. It says, " Other than IDBI Bank, we propose to take up the privatization of two Public Sector Banks and one General Insurance company in the year 2021-22. This would require legislative amendments and I propose to introduce the amendments in this Session itself." Page 17 -- Budget Speech #budget #banking #banks #economy #fintech #financialinclusion #PSUbanks #privatisation …see more