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Tuesday, September 18, 2018

If these three banks are your account then know this information, the government took a big decision



The central government has decided to merge three major banks in the country. Financial Services Secretary Rajiv Kumar has said that the Deen Bank, Bank of Baroda and Vijaya Bank will be annihilated. Which will be the country's third largest bank.

Effective steps will be taken to improve banking sector. The default will be improved in the banking sector. Talking to the annihilation, Finance Minister Arun Jaitley said employees do not have to worry about this annihilation. No employee will have any problem, they said that they know this good for all employees.

On NPA, Jaitley said that there was a loan of 18 lakh crores before 2008. This will reach 55 lakh crores after 2008 from 1024. More loans between 2008 and 2018 affect the economy. The UPA government tried to hide the NPA According to the information, the NPA was 7.5 lakh crore but it was instructed for 2.5 lakh crore.

Union Finance Minister Arun Jaitley said that the real picture of NPAs came in 2015, the UPA government hid NPA under the carpet.

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