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Together for IDBI

Together for IDBI

@IdbiFor

An awareness initiative run by United Forum of IDBI Officers and Employees. We oppose privatization. #StopPrivatization

Mumbai, India Beigetreten Temmuz 2022
157 Folgt2.4K Follower
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IDBI Bank Officer's Association-BIHAR & JHARKHAND
IDBI Bank Officer's Association-BIHAR & JHARKHAND@AIIDBIOA_BIHAR·
PSBs should remain under government control for stability, public trust, and financial inclusion. Privatization or lack of government oversight can lead to increased risks of financial scams, loan defaults, and corporate mismanagement, resulting in challenges for the government.
Hellobanker@Hellobanker_in

Rs.145 Crore Fraud Detected in Kotak Mahindra Bank. Funds of Haryana Govt embezzled. Earlier Rs.590 crore fraud was discovered in IDFC First Bank. The main point to note is Govt transferred funds from SBI to Kotak Bank. As per reports, some Private Banks are paying commission to accountants of Govt for transferring funds from PSU Banks to Private Banks. Read details: hellobanker.in/?p=78380

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Delegation of All India IDBI Bank Officers Association met Shri Pratap Chandra @pcsarangi, MP Lok Sabha from Balasore, Odisha. The honourable MP has assured to take up the crucial issue of IDBI privatisation and raise it in Parliament. @RBI
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Representatives of All India IDBI Bank Officers Association had a Productive meeting with Mr. @mpnabamajhi . The honourable MP has assured to take up the matter to the Finance Minister as early as Possible. @RBI @supriya_sule
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Together for IDBI@IdbiFor·
ऑल इंडिया आईडीबीआई ऑफिसर्स एसोसिएशन के प्रतिनिधियों ने उत्तर प्रदेश के आंवला #बरेली से @samajwadiparty के लोकसभा सांसद श्री @NeerajMauryaMP से मुलाकात की। माननीय सांसद ने आश्वासन दिया कि वे आईडीबीआई के निजीकरण के मुद्दे को उठाएंगे। #DoNotSellIDBI @RBI @supriya_sule @yadavakhilesh #न्यायालय
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Representatives of the AIIDBIOA had a meaningful and productive meeting with Hon’ble Minister of Tribal Affairs, Shri @jualoram. We submitted our concerns regarding the privatization of IDBI Bank, and the Hon’ble Minister gave a patient hearing and assured us that he will take up the matter with the Hon’ble Finance Minister at the earliest. #IDBIisNot4Sale @supriya_sule @SupriyaShrinate #unión
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Rajeev Srivastava
Rajeev Srivastava@culrajeev003·
@latha_venkatesh @moneycontrolcom @FinMinIndia @RBI @CNBCTV18News Thank you for writing this column. May I request you to kindly dwell upon and elaborate the disastrous performance of Yes Bank, why was it in deep waters , who bailed it. Also ,enlighten us on the number of private banks failed & supported by PSBs after Nationalisation. @IdbiFor
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Together for IDBI@IdbiFor·
A very balanced and honest news published by @bsindia @HarshKu200 All India IDBI Officers' Association Opposing Privatization of IDBI Bank
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Rightly pointed out by @SwatiJaiHind — foreign private entities often treat Indian citizens merely as objects for profit-making. This is precisely why we strongly oppose the privatization of IDBI Bank and the move to hand over a national institution to private and foreign hands. बैंक हमारे देश के, कठपुतली नहीं बनने देंगे विदेश के।
Hellobanker@Hellobanker_in

Private Hospitals और Insurance Companies के Nexus ने देशवासियों की कमर तोड़ रखी है. Insurance Companies ने Rs.26000 crore के claims reject किए।

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Newton Bank Kumar
Newton Bank Kumar@idesibanda·
Asking Privatization lobbyists like Uday Kotak to give Free Hand to sell a Public Added is just like giving East India company to run the Country by our emperors. Shame on you @Ajay_Bagga
Ajay Bagga@Ajay_Bagga

The government mandarins should not blame the buyers, they must call in Indian market wizards and understand what went wrong. Get Uday Kotak to head the divestment process , see what magic he will unleash given time and a free hand. As a country we are oppressed with badly thought out taxes, taxes driving away foreign investors and then poor execution with tax payers treated with disdain. Decades back Gunit Chadha came from Citibank US and set IDBI Bank on the path to recovery. Then he was pushed out and a very highly incompetent and corrupt set ran the bank into the ground in collusion with predatory promoters. The bank has been nursed back to financial health. But any investor will want valuations that leave some returns on the table. The government should either do a Margaret Thatcher like sale to the Indian public and keep appointing top talent from PSU banks to run this or should hold on for better valuations. There is no need for a fire sale.

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#BiharGovernment कृपया संज्ञान लें। दोषियों को जल्द से जल्द पकड़ें एवं कठोर दंड दें। @pnbindia आपसे निवेदन है की बिहार सरकार को पत्र लिख बैंकर्स की सुरक्षा की मांग करें।
TheBanker’sMirror@bankaffairs

🚨 Dear Bihar Criminals: The Bag is Empty, the Cruelty is Full 🚨 A LESSON IN REALITY Late Thursday evening in Madhubani, you targeted a PNB Assistant Manager returning home after a long day of serving the public. You chased him, shot him in the leg, and snatched his bag. 🔎 The Reality Check - The Loot: A motorcycle and a bag containing empty tiffin boxes and water bottles. - The Ignorance: No banker carries the vault in their bag. Cash remains behind steel doors; the officer carries only exhaustion. - The Brutality: Shooting a professional in the leg over a misunderstanding of how banking works is not just a crime—it is ultimate stupidity. 📢 The Truth Public Sector Bankers are not your “Cash Delivery Boys.” ⚖️ The Demand - Strict action against the criminals who carried pistols as if Madhubani were a ghatbin bazaar. - How such weapons circulate freely. - Ensure Protection for bankers attacked now inside as well as outside , who risk their lives daily to serve society. #bihar @pnbindia @DFS_India @nsitharaman

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If there is genuine concern for the country’s taxpayers, then why push for the privatization of IDBI Bank—an action that could move it beyond strict vigilance oversight and allow those responsible for large NPAs to escape accountability? Privatization would effectively mean handing over valuable national assets held by IDBI Bank across the country to a few wealthy corporates. A transparent assessment comparing the actual market value of assets sold by IDBI in recent years with their realized sale prices would reveal the real impact on taxpayers and the nation. True concern for the nation lies in strengthening public institutions, not selling them. #SaveIDBI #StopPrivatisation
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Ajay Bagga
Ajay Bagga@Ajay_Bagga·
The government mandarins should not blame the buyers, they must call in Indian market wizards and understand what went wrong. Get Uday Kotak to head the divestment process , see what magic he will unleash given time and a free hand. As a country we are oppressed with badly thought out taxes, taxes driving away foreign investors and then poor execution with tax payers treated with disdain. Decades back Gunit Chadha came from Citibank US and set IDBI Bank on the path to recovery. Then he was pushed out and a very highly incompetent and corrupt set ran the bank into the ground in collusion with predatory promoters. The bank has been nursed back to financial health. But any investor will want valuations that leave some returns on the table. The government should either do a Margaret Thatcher like sale to the Indian public and keep appointing top talent from PSU banks to run this or should hold on for better valuations. There is no need for a fire sale.
CNBC-TV18@CNBCTV18Live

#JustIn | #IDBIBank bids likely below reserve price, transaction may not proceed Sources to @Sapna_CNBC

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Newton Bank Kumar
Newton Bank Kumar@idesibanda·
@Ajay_Bagga Asking Privatization lobbyists like Uday Kotak to give Free Hand, is just like giving East India company to run the Country by our emperors. Shame on you @Ajay_Bagga
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Together for IDBI@IdbiFor·
We are deeply saddened and heartbroken by the untimely demise of Com. Sai Santhosh Pothapragada Com. Santhosh was not just a member but a strong pillar of support for AIIDBIOA. Despite his busy schedule, he was always ready to help the Association and played a crucial role in strengthening our digital communication and coordination. His dedication, commitment, and spirit of camaraderie will always be remembered. His sudden departure is an irreparable loss to our entire fraternity. We pray that God grants strength and courage to his family to bear this immense loss. 🙏 Team AIIDBIOA
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Together for IDBI@IdbiFor·
It is a matter of great honour for us that many people supported us in our fight.Due to which today we have got some relief in this fight against privatization.Thank you to all of you. @DevidasTul23568 @timesofindia @htTweets @UFBUIndia @ChVenkatachalam @aiboc_in @IBOF_AIBOA
Devidas Tuljapurkar@DevidasTul23568

timesofindia.indiatimes.com/business/india… Indeed It is a great achievement that ultimately allout efforts on stalling the process of disinvestment of IDBI have yielded the desired results. Thanks to all those who have helped in this mission.

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Entdecken

@pcsarangi @RBI @mpnabamajhi @supriya_sule @ashwani_mahajan @BJP4India @bsindia @businessline