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Narayanjot ji,

Guru Fateh.

I agree with you that many minorities open banks to serve their communities, however a Korean can be a Buddhist, Christian, a Shinto or anything else, he/she  will feel safe and comfy banking at the Korean bank.

Same thing would be true for any Indian bank e.g Punjab Bank.

However, as Sikh is defined in very "loose and strict" terms, hence the by laws make things very restrictive.

The decision was based on that a Sikh does not have to be Amritdhari in order to become its board member and as it  is ripe for a takeover, it will just become part of some major bank and only name will remain, which is sad.

Having said that, it shows how we become victims of our own actions.

Regards

Tejwant Singh