
AIBOC Slams Government's Plan to Privatise IDBI Bank
Published on: Aug. 27, 2025, 7:43 p.m. | Source: Devdiscourse
The All-India Bank Officers' Confederation (AIBOC) criticizes the government's decision to privatize IDBI Bank, arguing it contradicts past parliamentary assurances and risks weakening public banking. AIBOC urges withdrawal of the privatization proposal, highlighting the importance of public sector banks for nation-building over profit-driven private institutions.