Greed has made the US banks crash again. This time Bond markets failed them. Indian banks are also more into markets while discouraging the public with hefty bank charges, closing rural branches and denying...
RBI has been losing credibility since demonetisation. Its subsequent efforts like not intervening when Bank charges were increased, proposing banking licences to corporates which RBI all along opposed on well found principles, allowing more...
There are several factors which play an important role in determining the relationship between banks and their customers. One of the most important amongst them is what services banks provide and how they deliver...
Banks act as financial intermediaries between depositors and borrowers. It is the public money, deposited in the form of term deposit (fixed deposits) and time deposit (saving accounts) which banks use for lending to...
The massive bank charges introduced in past few years have greatly affected the financial state of marginalised working class. This was better understood when the team of FanIndia has talked to some people of...
The Indian banking sector is under a prolonged and severe crisis. Bad loans continue to grow and banks remain under-capitalized with profits in the red. As a result, credit growth remains muted, reinforcing the...
भारतीय बैंकिंग क्षेत्र एक लंबे और गंभीर संकट के दौर से गुजर रहा है। बुरे ऋण बढ़ रहे हैं और बैंक घटते मुनाफे के साथ कम-पूंजीकृत हो रहे हैं। नतीजतन, साख वृद्धि थम सी...
FAN India welcomes SBI’s decision of removing the penalty for not maintaining minimum balance and charges for SMS alerts. Other banks should also follow and withdraw all bank charges immediately. Click here to watch...
बैंक लोक कल्याण से भटक कर व्यावसायिक कल्याण के मार्ग पर चले गए हैं, उन्होंने लोगों की सेवा करने के बजाए उनका शोषण करना शुरू कर दिया है, वे कॉर्पोरेट को दिये ऋणों से...
All the banks, especially the public sector banks have a moral obligation and social responsibility of promoting financial inclusion and social welfare. The banks run on the deposits and when a bank sinks, depositors...
The primary objective of nationalization of banks was to reach out to each and every last person of our society. The purpose was to provide credit facilities to poor and marginalized sections and free...
In continuation of the campaign for demanding complete withdrawal of bank charges from saving bank accounts in India. Public programs have been organized by local civil society in Jaunpur, Varanasi in Uttar Pradesh and...
Sovereign Debt: Liability in Perpetuity The announcement – made by Nirmala Sitharaman, Finance Minister of India in her maiden budget speech – that India will look for options to raise funds from external markets...
RBI ‘relaxes’ norms on BSBDA accounts: There are news reports mentioning that with the new notification RBI has eased norms for BSBD accounts and new facilities will be provided to Basic Saving Bank Deposit...
More NPAs to haunt banks with IL&FS Exposures: The NCLT has asked the banks to consider their exposure to ILFS as NPAs. Earlier NCLT has restricted banks from declaring their exposure to IL&FS prompting...
