Data Teller | Satire | Middle Class | Public Banks

India
Joined July 2013
𝐆𝐨𝐯𝐭 𝐁𝐚𝐧𝐤𝐬 𝐫𝐮𝐧 𝐨𝐧 𝐓𝐚𝐱 𝐏𝐚𝐲𝐞𝐫 𝐦𝐨𝐧𝐞𝐲? A 𝑩𝒊𝒈 𝑳𝑰𝑬 & 𝑷𝒓𝒐𝒑𝒂𝒈𝒂𝒏𝒅𝒂 was pushed in recent times to sell Public Banks. Let's have Fact Check 👇 Govt/Public Banks made 5 times more Operating Profit of the Govt Capital Infusion in last 15 Years.
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Newton Bank Kumar retweeted
कल शुक्रवार, 23 अक्टूबर, सुबह 9:30 बजे, आज़ाद मैदान, मुंबई। यूनियन के आह्वान पर शांतिपूर्ण धरना। जिस मैदान ने आज़ादी की लड़ाई देखी, वहां हमारी एक ही मांग होगी: वचन रखिए, 51% रखिए। 🙏 #AzadMaidan #SaveIDBI @supriya_sule @idesibanda
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📢 IDBI Bank Strike 2nd Nov'26 - Monday 3rd Nov'26 - Tuesday Strike Called by IDBI Unions against 61% Govt Stake Sale to FairFax - To Stop Forenization.
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FIIs quietly buying PSU Banks at lower level
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Newton Bank Kumar retweeted
PSU Bankers are more professional than Private bank staff/management Just listen to their CEOs talking with media Listen to SBI Chairman. They are paid less but they are far superior in knowledge than private bank CEOs. They treat their staff well
Analyst write up: FIIs share holding is increasing in PSU banks
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Newton Bank Kumar retweeted
मुनाफे में चल रहा बैंक, फिर भी 60.72% हिस्सेदारी निजी हाथों में क्यों? IDBI बैंक ने FY26 में ₹9,513 करोड़ का मुनाफा कमाया। आज बैंक का नेट NPA सिर्फ 0.17% है। जिस बैंक को मुश्किल समय में LIC पॉलिसीधारकों और सरकार के पैसे से खड़ा किया गया, वो आज देश के सबसे मजबूत बैंकों में है। 2003 में संसद में भरोसा दिया गया था कि बैंक में सरकार की हिस्सेदारी 51% से कम नहीं होगी। हमारी मांग सीधी है: वचन रखिए, 51% रखिए। और अगर फैसला बदलना ही है, तो कर्मचारियों की नौकरी, पेंशन, आरक्षण और सेवा शर्तों की लिखित सुरक्षा दीजिए। साथ ही दोनों वैल्यूएशन रिपोर्ट सार्वजनिक कीजिए। 📍 23 अक्टूबर, आज़ाद मैदान, मुंबई IDBI के अधिकारी और कर्मचारी शांतिपूर्ण धरने पर रहेंगे। ये धरना किसी व्यक्ति, पार्टी या कंपनी के खिलाफ नहीं है। ये जनता के पैसे से बने बैंक, पक्की नौकरियों और संसद के वचन के लिए है। आप बैंक कर्मचारी हों, ग्राहक हों या आम नागरिक, साथ आइए। #चलो_आज़ाद_मैदान #IDBINotForSale
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Newton Bank Kumar retweeted
India's PSUs have done more for nation-building compared to the private sector. PSUs are the real assets of any nation.
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Newton Bank Kumar retweeted
Replying to @IDBI_Bank
@IDBI_Bank is a healthy financial institution. Govt transferring it’s controlling stake to private hands looks highly Questionable. No supportable reason !! The association of employees of #iDBI are natural stake holders. Should have been taken into confidence. #IDBINotForSale
Post No.264 #GOBACKFAIRFAX WE, THE EMPLOYEES OF IDBI BANK, OPPOSE PRIVATISATION! IDBI Bank is not just a financial institution,it is our livelihood, our professional identity, and a legacy built through decades of dedicated service @VTankha
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Current FII holding % in PSBs 12.27% Canara 11.07% SBI 10.29% BOB 9.40% UBI 7.58% BOI 6.87% IB 6.66% PNB 6.50% BOM 1.29% CBI 0.52% P&S 0.47% IOB 0.06% UCO Govt to raise 20% FDI limit to 49% even when upper limit not hit. What's Cooking ahead!!!
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FDI in PSBs may increase frm 20% to 49%
IDBI Bank Sale isn't End, But Start of End.
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IDBI Unions appealing PM, Key Allies TDP, JDU, JanSena & Opposition INC, SP, BRS against IDBI SALE. @narendramodi @RahulGandhi @KTRBRS @yadavakhilesh @PawanKalyan
Post No.251#GOBACKFAIRFAX WE, THE EMPLOYEES OF IDBI BANK, OPPOSE PRIVATISATION! IDBI Bank is not just a financial institution,it is our livelihood, our professional identity, and a legacy built through decades of dedicated service @narendramodi 🙏
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'Ravan' me laakh buraiyan thi magar kabhi 'Lanka ki Sona' ko nahi becha, aur yehan 'kalki ke avatar' sirf 50k Crore ke liye 'IDBI Bank' bech rahe 😀
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< IDBI Sale in Raja Babu Style > 😭😂
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SBI won World’s Best Consumer Bank 2026 proves that no matter how U crib & make fun of ur wife, but only she will serve U best over other girls. Kudos to all SBIans, take a Wow 🤟
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Newton Bank Kumar retweeted
Read Prof. Arvind Panagariya's piece in ET today, "Pivot to Privatisation 2.0". With all respect to the Chairman of the 16th Finance Commission, I did not need a single outside fact to answer it. His own article does the job! He says there is "enormous wisdom in transferring the bank to private hands now, when its healthy books enable it to attract buyers". Healthy books made by whom? By his own figures, gross NPA fell from 21.25% to 2.32% and CRAR rose from 10.7% to 26.65% while LIC and the Government owned the bank. So the "healthy books" are the proof that public ownership worked, not a reason to end it. He says it is best to close or sell PSBs "that regularly drain government finances". His own article says IDBI made a record profit of ₹9,513 crore in 2025-26. By his own test, IDBI does not even qualify for sale! He says repeated support "amounts to throwing good money after bad". His own numbers: GoI put in ₹27,441 crore and LIC ₹26,367 crore. That money did not go waste, it built a bank earning ₹9,513 crore a year. Good money after bad is when the patient dies. Here the patient walked out of the hospital, and we are selling him at the gate. He says GoI and LIC, with 15% and 19%, "stand to share in the benefits almost certain to accrue". If the benefits are almost certain, why sell 60.72% of them? And the sale brings ₹52,879 crore against roughly ₹53,800 crore of public money put in. Where is the fiscal gain? He says worker and wage concerns "lacked empirical support", citing a study of 14 Vajpayee-era privatisations. Not one of them was a bank. And if he is so sure employees will be better off, the government should have no hesitation in giving IDBI staff written statutory protection. The union is asking for exactly that. He compares it with Air India, sold with ₹61,000 crore of debt settled at taxpayers' expense. IDBI carries no such burden. One was bleeding, the other is earning. His subheading says "non-strategic PSBs", yet his own last paragraph lists "banking, insurance and financial services" among the four strategic sectors of the 2021 policy, and his own caveat says "provided national security or strategic concerns are not at stake". So we must ask, who examined that before handing an Indian bank to a foreign group? In 2018 I wrote about "अश्वत्थामा हतः" and how nobody hears "नरो वा कुंजरो वा". Today also, "biggest FDI" is announced loudly, while the turnaround under public ownership is said softly. And in December 2003 Parliament was assured majority ownership would stay. "रघुकुल रीति सदा चलि आई। प्रान जाहुँ बरु बचनु न जाई॥" Keep 51%. @DFS_India @narendramodi @nsitharaman
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बैंको के निजीकरण का कोई एक फायदा नहीं बता पाते, अगर पता है तो डाटा के साथ बताओ, सिर्फ बकलोली मत करना। #IDBIBank
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excess public liquidity in market, making easy exit for FII, but govt with no liquidity, giving easy entry into IDBI !!!
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system expecting, Income Tax slab revision in next budget FY 27-28 (new regime)
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Min expected as per inflation & past trend 5% - 5L+ 10% - 10L+ 15% -15L+ 20% - 20L+ 25% - 25L+ 30% - 30L+
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Newton Bank Kumar retweeted
🤣
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Newton Bank Kumar retweeted
How is this ok?
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