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Bank Mergers Aimed at Helping Big Corporates like Reliance, Says CP Krishnan

What was started by the Congress government in 1991, has been further strengthened by the Narendra Modi government for the benefit of big corporates.

In conversation with NewsClick, CP Krishnan, general secretary of the Bank Employees’ Federation of India (Tamil Nadu unit), says that the BJP-led central government’s policies pushing for privatisation are aimed at looting the people. What was started by the Congress government in 1991, has been further strengthened by the Narendra Modi government for the benefit of big corporates like Reliance, he adds.

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