SBI-PNB on the verge of collapse! Govt revealed the truth
SBI-PNB on the verge of collapse! Govt revealed the truth

The process of privatization of IDBI Bank is going on by the government. Meanwhile, some media houses started claiming privatization of the country's largest public sector banks SBI, PNB, and Bank of Baroda. As soon as this news spread on social media, crores of customers of these banks were astonished. But now the government's official fact checker 'PIB Fact Check' has exposed this report.

It was told by PIB that in many media reports and reports going viral on social media, it was claimed that NITI Aayog has issued recommendations related to the privatization of 3 banks SBI and PNB, and Bank of Baroda. This news quickly spread among the bank customers. Now it has been told by PIB Fact Check that this news is completely wrong. No such list has been issued by NITI Aayog.

In fact, this news was also accepted as true by the people because, in August 2019, the government merged several banks. Thereafter, the number of public sector banks in the country came down to 12. However, Finance Minister Nirmala Sitharaman had said in her budget speech that the privatization of two public sector banks and a general insurance company is being planned. The Centre's official fact checker 'PIB Fact Check' has cautioned people against forwarding such misleading messages. In a tweet issued by PIB Fact Check, the government told that this claim is completely fake. Do not forward such misleading messages. This tweet has been done by PIB on 8 January.

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