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Author's Posts

Home > Posts by Ashish Kajla

Snippets from the World of National Financial Institutions – September, 2019

Rs. 1.76 lac crore from RBI’s reserve fund transferred to Central Government RBI central board accepted the recommendations of the Jalan Committee – formed last year to review the economic capital framework for RBI’s reserved funds...

Read more September 18, 2019 at 5:00 pm Ashish Kajla

Snippets from the World of National Financial Institutions – August, 2019

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...

Read more August 23, 2019 at 3:22 pm Ashish Kajla

The Budget Presents Government’s Myopic Vision on the Banking Sector

The first budget of the newly re-elected government was placed on July 5, 2019, by the Finance Minister Nirmala Sitharaman. The budget failed to address the real problems of the economy like unemployment, agrarian...

Read more July 12, 2019 at 9:00 am Ashish Kajla

Snippets from the World of National Financial Institutions – June, 2019

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...

Read more June 14, 2019 at 5:38 pm Ashish Kajla

Don’t Fleece the Poor

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 and current accounts) which banks use for...

Read more May 10, 2019 at 10:16 am Ashish Kajla

डूबते खातों की भरपाई के लिए लगाए मनमाने शुल्क

Read more March 16, 2019 at 10:11 am Ashish Kajla

Bank Charges: Punishment for the Poor and Marginalised

Bad loans have worsened the banks’ balance sheet. Because of this, the money which banks need to put aside (called provisions) for bad loans has increased manifold, resulting in a decrease of money available...

Read more March 11, 2019 at 11:33 am Ashish Kajla

The Arbitrary Bank Charges must be Removed

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 & current accounts) which banks use for...

Read more September 26, 2018 at 6:54 pm Ashish Kajla

Is Ownership Neutrality A Step Towards Privatisation?

The privatisation of public sector banks has been an issue of debate for a long time. Economic experts are again talking about privatisation of public sector banks (PSBs) due to current non-performing assets (NPAs)...

Read more August 3, 2018 at 4:19 pm Ashish Kajla

Latest news

December 8, 2019 0

Regional Seminar on Role of Financial Institutions in Energy and Infrastructure

A two-day regional seminar was held in Bilaspur on 30th Nov- 1st Dec 2019 organized by, All India Forum...

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December 1, 2019 0

Of GDP and Tax Cuts…

More than Rs. one lakh crore (Rs. 1,08,785.41) revenue forgone due to exemptions availed by corporates in 2019 ,...

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