The large corporate loans and policies are meant to favour crony capitalists. It is forcing public sector banks into a severe crisis.
"The large corporate loans and policies are meant to favour crony capitalists. It is forcing public sector banks into a severe crisis. The need of the hour is inclusive banking, which helps the common man, and not a few big corporates," said Thomas Franco, former general secretary of All India Bank Officers' Confederation(AIBOC), in a conversation with NewsClick.