Most people are generally under the impression that the Government of India (actually the party in power) misuses the psu money and that is bad.
True, well almost.
HOWEVER, please note that some advantages that the psu undertakings enjoy should not be ignored. For a very long time you could pay your advance tax ONLY in SBI. You had to open your ppf account only with SBI.
The army salary, army pensions are all with SBI. Imagine the amount of money lying unclaimed….
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