• search

Post-globalisation developments affect bank employees:Issac

Written by: Staff
|

Kochi, Nov 10 (UNI) Kerala Finance Minister Thomas Issac today said the 'post-globalisation developments' in the banking sector would adversely affect the interests of the bank employees.

Addressing a gathering after inaugurating the the State Conference of the All India Bank Officers Confederation (AIBOC) here, Mr Issac said '' the developments in the banking sector after globalisation and liberalisation were virtually de-nationalising Indian banks and giving more power to foreign banks.'' The Minister also negated the argument that the Indian banking sector was inefficient and not profitable.

Mr Issac reiterated that the banking sector had a pivotal role to play in the progress of the nation by channelising funds to growing sectors and Industries.

UNI

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more