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It's hard to take a side on a topic like this. Privatization of PSBs will entail both positive and negative consequences. If you remember that a lot of banks were nationalised in 1969. This was done to ensure that bank conduct their business in alignment with national interest like priority sector lending, increasing number of branches in rural areas to enhance financial inclusions, etc. Coming under the ambit of government, the banks sure met these goals but at the same time seems to have lost customer orientation. A customer walking in a PSB is most likely to be treated with apathy of the staff. And if its for loan purpose, the matter can get worse. A PSB takes 1-4 weeks in opening a basic saving accounts, for which a private bank like Axis/HDFC takes 2-4 hours. What I'm tryign to say here is that while privatisation will bring in improves customer experience, it may result in banks turning a blind eyes towards lower strata of society or unprofitable areas. To deal with this lacunae, we can have a government ownership, but one with professional management - one that will ensure that customers are treated at par with their private counterparts.