New Delhi. According to a big news in the afternoon, while public sector banks have suffered a huge loss of about Rs 2.85 lakh crore due to loan arrears of 13 companies, the central government is working to revive the troubled institutions like Yes Bank and IL&FS. are. Yes, the United Forum of Bank Unions (UFBU), a union of banks, made this big allegation today i.e. on Monday.
Bank strike will be held on 16th and 17th December
Here UFBU convener B Rambabu said in a press release that the organization has organized two banks across the country on December 16 and 17 in protest against the Banking Laws (Amendment) Bill 2021 and the Centre’s alleged move to privatize state-owned banks. Day strike has been called. According to these figures given by UFBU, the dues of 13 private companies stood at Rs 4,86,800 crore and were somehow settled for Rs 1,61,820 crore, resulting in a huge loss of Rs 2,84,980 crore to the country.
Said bad loan
He also said that, “It is also a fact that public sector banks have been used to provide relief to distressed private sector banks like Global Trust Bank, United Western Bank, Bank of Karad, etc. Like in recent times, Yes Bank was pulled out of crisis by state-run SBI. Similarly, the largest private sector NBFC (Non-Banking Finance Company), IL&FS, was pulled out of the crisis by the public sector SBI and LIC. ,