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Comments by "M" (@mg.f.9023) on "54 yrs of Indira Gandhi’s bank nationalisation: A missed warning u0026 a telecom-aviation lesson" video.
The smooth working of nationalised banks has also been hampered by growing political pressures from the Centre and the States. Nationalised banks often face lots of difficulties due to various political pressures. Such pressures are created in the selection of personnel and grant of loans to particular parties without considering their creditworthiness
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The heads of public sector banks are often chosen by the government. And sometimes, they (the heads) have to return the favour.
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@prithwirajjadhav1611 True, Important point
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