Summary:
Ramachandran has warned against the dangers of public sector banks thoughtlessly aping the private sector. Public sector banks could influence the growth of society and hence the slogan should be to strengthen it. Public sector banks could do a lot of things that would not have happened otherwise, he said. Certain corporate majors have defaulted on loans availed from public sector banks. All India SBI Staff Federation president V.V.S.R.Sharma, SBI Officers Association general secretary V.Muralidharan, federation senior vice-presidents Ajay N.Badwani, Sidharth Khan, Arun Bagoliwal, and SBI Pensioners Association general secretary John Joseph also spoke..