UP Bank Employees Union celebrated Bank Nationalization Day Report by Santosh Gupta Mirzapur. The meeting was concluded at 9 pm under the chairmanship of comrade Srikant Shukla in Indian Bank, Dunkinganj branch. District Minister Suresh Pandey seated senior manager Ajay Kumar Choubey, special guest BB Lal Srivastava, patron comrade Girija Shankar Singh ji on the stage. Thereafter, the guests paid tribute to comrade Prabhatkar and comrade Parwana by garlanding their pictures. Comrade Ashish Mishra welcomed all the guests by garlanding them. The 56th Bank Nationalization Day was celebrated with joy by the guests by lighting the lamp and cutting the cake. On this occasion, Suresh Pandey Minister highlighted the national achievement of nationalization from 1969 to 2025. He said that there were 8200 bank branches in 1969 which will be 90000 in 2025. Rural branches were only 500 in 1969 which will be 35000 in 2025. Total deposit was 5000 crores in 1969 which will be 140 lakh crores in 2025. Total loan was 3500 crores in 1969 which will be 110 lakh crores in 2025. Total staff was 1 lakh employees in 1969 which will be 8 lakh employees in 2025. Meanwhile, in the interest of common people and the country, from 1969 to 2007, 22 private sector banks were merged with government banks. Government banks are the backbone of the country’s development on which the country’s economy is based today. Still, the government’s thinking is on privatization of government banks, which is not in the interest of the country. It is the responsibility of all of us to save the public sector banks, no matter what sacrifice we have to make for it. Senior Manager Ajay Kumar Choubey said that this country was once going through a period of extreme recession. Most of the organizations were laying off employees. Even in that period, the banking sector was saved due to the organization. Mr. Girija Shankar Singh, colleague B.B. Lal Srivastava also expressed their views.
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