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Financial authorities' PF syndicated loan initiative proves ineffective, while MG Community Credit Cooperatives' auction loans face market rejection amid rising toxic assets and failed auctions in the real estate sector.
Andhra Pradesh: Bank unions plan <b>strike</b> in September demanding recruitment - The Hindu
There are more than two lakh posts lying vacant in the public sector banks, says All India Bank Employees’ Association leader Venkatachalam. The banks have written off more than ₹10 lakh crore debts.#bankrecruitments #publicsectorbanks #non-performingassets #NPAs #wilfuldefaulters #privatisationofbanks #bankstrikeinSeptember #AllIndiaBankEmployeesAssociation #AIBEA #CanaraBankEmployeesUnion #baddebts
Andhra Pradesh: Bank unions plan strike in September demanding recruitment
There are more than two lakh posts lying vacant in the public sector banks, says All India Bank Employees’ Association leader Venkatachalam. The banks have written off more than ₹10 lakh crore debts. The government is not acting tough on wilful defaulters. The rich and corporates are being allowed to go scot-free though they are wilful defaulters, Mr. Venkatachalam alleges.