 Merger of banks actually is reversing the policy of the banking from mass banking to class banking. The very purpose of nationalization as envisaged in the banking acquisition at 1970 is that common man should have access to the banking. See when agriculture was contributing to the extent of 44% to the GDP, only 2% of the loan was given to the agriculture sector by the then private banks. So agriculture was neglected, industry was neglected, export was neglected and job creation was neglected. So these were the main four objectives with which the banks were nationalized in order to promote agriculture, industry, export and job opportunities. But now the policy is totally reversed after 1991 and this merger of banks is a step towards privatization and towards class banking which is reversing the policy that was done in 1969. And subsequently in 1980, 1914 major private banks were nationalized and 1986 private banks were nationalized. Now what is happening is immediately after merger of five state sector banks and Bharat Meghala Bank with state bank of India, they have increased the minimum balance from 0 to 5000 in metropolitan and 3000 in semi urban and 1000 rupees in rural. 5000 rupees is not a small amount for an ordinary person. It is five months widow pension, it is five months disabled pension, it is five months old age pension. People have to forego their living for five months then only they can keep 5000 rupees if otherwise they will be fined 100 rupees. So thereby in 2017-18 alone the state bank of India find ordinary people to the extent of 1782 crores. The same state bank of India has written off 27000 crores corporate loan during this period. This is a classic example how the merger of banks is against common man and towards corporate people. And the same state bank of India has become a junior partner of 30% shareholder in Reliance Payment Bank which has now just a startup bank. The state bank you know it is one of the having the biggest network in the whole world and one of the biggest bank in terms of business as well as volume in India and such a bank is now becoming a junior partner of 30% for this Reliance Bank. So all these things very clearly depict that the bank merger is towards class banking. Now another three banks, Dana Bank and Vijaya Bank merged with Bank of Baroda and this bank which is the second largest public sector bank and third largest bank is again going towards pro-corporation now itself even before merger from February onwards Bank of Baroda has increased its minimum balance from 1000 to 2000. And 10,000 rupees has been fixed for the current account balance. So this is a very clear indication that this bank is also going more towards the unfair of the class banking leaving the mass banking aside.