United Forum of Bank Unions (UFBU), which has declared an all-India strike on December 18, is of the view that corporates should not be given banking licences. They were in the first place responsible for the collapse of many banks during 1947-1969, according to M.V. Murali, Convenor, UFBU. He is also General Secretary of both National Confederation of Bank Employees and All-India State Bank of India Staff Federation..............
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