AIBOA strongly opposes privatisation of IDBI Bank
The Centre’s move to sell IDBI Bank to private players is not in the “right direction” and will be opposed “tooth and nail” by the All India Bank Officers’ Association (AIBOA) according to its General Secretary, S Nagarajan. He said the need of the hour is not privatisation; it is to strengthen the bank further, along with an exercise to recover sticky loans from wilful defaulters....