Privatise all Government banks except SBI,

•  NCAER (National Council of Applied Economic Research) report says to privatise all government banks except SBI.
• Reason;  Private Banks have emerged themselves as credible and better alternative than PSBs (Public Sector Banks) who have a substantial market share.
• Also the RBI states that the Government ownership of the PSBs hinders the ability in regulating them. This was stated in report put forward by the NCAER.
• The performances of all PSBs was way down when compared with other private banks except for SBI, during the last decade.
• Also lower returns on assets and equity was attained by these PSBs when the private banks performed well.
• The entire growth of the banking sector was due to the private banks and SBI since 2014-15, if looked in terms of deposits and advances of loans.
• The non performing assets of the PSBs remain elevates when compares with the private bankseven though the Government infused $65.67 billion into PSBs between 2020-21 help them ride over the bank loan crisis.