The United Forum of Bank Unions has decided to observe July 19, the 48th anniversary of nationalisation of major banks, as ‘Save public sector banks’ day.
Important Takeaways from Above-
- The Government of India issued an ordinance and nationalised the 14 largest commercial banks with effect from the midnight of 19 July 1969.
- K.K.Nair is General Secretary of Indian National Bank Officers Congress.
Source- The Hindu