The consolidation in the banking sector would hurt the social obligations of state-owned lenders, CPI General Secretary S Sudhakar Reddy said.
CPI is "totally opposed" to mergers and amalgamations in the banking system and it supports the agitation by bank employees who plan to intensify their protests in the coming months, Reddy told
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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