On the 3rd anniversary of demonetisation, which wrecked the economy from which India is yet to recover, put people in insurmountable misery and for which nobody is held accountable yet, a small video capturing the...
The press conference addressed by the Finance Minister Nirmala Sitharaman yesterday (Aug 23) is an indication that finally, the government acknowledges that the economy is crumbling and nearly hitting the rock bottom. That a...
Changing goal posts has been a hallmark of the precariously conceived and insensitively implemented demonetisation, second anniversary of which was yesterday (Nov 8). Finance Minister who declared Nov 8 as Anti Black Money Day...
Prof. C.P. Chandrashekhar looks into the assumptions behind the recent bank merger of Dena Bank, Vijaya Bank and Bank of Baroda, the long-term impact of it on public sector banks (PSBs), using merger as...
Public Statement | April 27, 2018 After Demonetisation, now the Cash Crunch in ATMs: Modi Government Wrecking Public Sector Banks and the Indian Economy A Joint Statement In the past few weeks, ATMs across...
Nearly 100 major groups and several prominent experts have attacked the NDA government for the manner in which the banks and economy are being wrecked due to the impact of demonetisation followed by the...
Public Statement Penalizing for Poverty – Public Sector Banks Should Stop Extorting Money Over Minimum Account Balance (MAB) Requirement It was highly shocking to learn that State Bank of India (SBI) had levied Rs...
Hailed as a “big-bang move” by bankers, the government’s plan to recapitalise public sector banks with Rs 2.1 lakh crores is deemed to hold magical powers that will help turn around their financial situations....