Those were the days, when the entire banks and banking industry were in the hands of rich individuals and private companies, including SBI. No bank was government owned. AIBEA and its leaders had a great vision and far-sighted approach. Right from its inception in 1946, AIBEA has been voicing its concern about the role of Banks.
http://www.ucbeu.com/index.php?page=news&op=readNews&id=465&title=56th-Nationalisation-day-on-19th-July-2025
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