With climate change, human interventions, unscientific development and greed, disasters are frequently happening in the country. As Dr P. Sainath writes in the title of his famous book, “Everybody Loves a Good Drought,” everyone...
The nationalisation of 14 banks on 19th July 1969 was the most desirable and important economic cum social reform in independent India. After 2 days of Nationalisation, Mrs. Indira Gandhi explained to the Parliament...
The plain truth is- ‘without depositor's funds, banks will cease to exist.’ Hence, the banks have a primary responsibility towards the depositors. They should not only keep the deposit safe but also provide a...
The claim of the Prime Minister that the Banking Sector has become robust is not true if we analyse the facts and figures. On Jan 1 2015, Gyan Sangam 1 was organised in Pune...
A farmer came to a bank and asked for a loan for cultivation. The branch manager asked for security. The farmer said that he doesn’t have any security.
Last year, a retired scientist received a call purportedly from SBI informing him that his account is blocked for non-compliance of KYC. They sent him a password to be shared with the caller. He...
BJP has secured a landslide win in Uttar Pradesh and there are many reasons stated in the press and on the TV discussions, but one which has not come to focus is how the...
As an essential part of the financial system, banks’ role in India’s ambitious goal of becoming a $5 trillion economy has become a topic of intense debate. Significant reforms in scheduled commercial banks, mainly...
Almost all financial newspapers have informed that 3-5 banks and 3 general insurance companies are going to be privatized. They have indicated that Bank of India, Indian Overseas Bank, UCO Bank, Punjab and Sind...
