The government might hive off the non-performing loans of the 2 public sector banks that be chosen for privatization and transfer some of their staff to alternative state-run lenders in a bid to make them eye-catching for consumers.
The employee union of Bank of Maharashtra
(BoM), in the backdrop of the problems that two private sector banks – YES Bank
and Lakshmi Vilas Bank and a host of urban co-operative banks (UCBs) faced in
the recent past, wants