SRINAGAR : The United Forum of Bank Unions (UFBU), representing nine trade unions of officers and workmen across public sector and private banks, has strongly objected to remarks made by Finance Minister Nirmala Sitharaman during her address at the Delhi School of Economics on November 4, 2025. Follow Us On G -N e w s | Whatsapp

In her response to a student’s question on whether privatisation could restrict banking services to a privileged few, the Finance Minister appeared to dismiss such concerns and instead highlighted the positive aspects of privatisation. The UFBU, in a statement issued on Thursday, said it “categorically rejects” this narrative, arguing that India’s public sector banks (PSBs) have been the foundation of financial inclusion, social justice len

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