Is Bank Amalgamation Another Step Towards Privatisation?

Professor CP Chandrasekhar, in an interview on recent announcements about amalgamation of three banks, points out that the end game of this process is privatisation.
Interview with C.P. Chandrasekhar
Interviewed by Vivan Eyben Produced by Newsclick Team,

Professor CP Chandrasekhar, in an interview on recent announcements about amalgamation of three banks, points out that the end game of this process is privatisation. Amalgamation is only to reduce the ratio of NPAs to total loans.