Challenges to India’s Fiscal Federalism
Fiscal Federalism is in danger, which can lead to further economic crisis stated Dr. Thomas Issac Finance Minister of Kerala at a National Workshop at Pondicherry. The GST due to states is not given...
Deutsche Bank on Verge of Collapse – Lessons for State Bank of India: Random Reflections
Deutsche Bank AG was one of the largest Banks in the world (it was ranked largest before Chinese Banks replaced it). The Bank on a verge of collapse due to internal scandals has sent...
Random Reflections: Three Years of Demonetization – Where is the Black Money?
On Nov 8th, 2016 the Prime Minister told the citizens that “For years, this country has felt that corruption, black money and terrorism are festering sores, holding us back in the race towards development.”...
Random Reflections: Losing Faith in the Banking System is Dangerous
More than a month of waiting for 16 lakh depositors is leading to a dangerous position of loss of faith in banks. The Cooperative banks have more than 13 crore small depositors. RBI has...
Random Reflections: What next in Banking Sector? Will the Trade Unions work together?
On 22nd Oct, AIBEA and BEFI went on strike against merger of Banks. Did anybody care? Sad that all Unions and Associatious objecting merger did not fight together. The Banking Sector Trade Unions in...
Random Reflections by Thomas Franco
Lessons from the Nobel Prize in Economics After Dr. Amartya Sen received Nobel Prize for Development Economics, Abhijit Banerjee, an Indian has become the winner of Nobel on Economics along with his wife Esther...
किताब: भारत में आर्थिक तबाही
पिछले साढ़े चार वर्षों में, देश एक बड़ी सामाजिक-राजनीतिक और आर्थिक उथल-पुथल से गुजरा है जैसा पहले कभी नहीं था। हाल के इतिहास में कभी भी एक साथ देश के इतने बड़े समूह को...
Book: Rubbles of an Economic Earthquake
In the past four and a half years, the country has gone through a major socio-political and economic upheaval as never before. At no point in the recent history has the country as a...
Should Senior Employees of the Public Sector Join Private Post-Retirement?
The recent appointment of SBI’s Former Chairperson Arundhati Bhattacharya’s as an Independent Additional Director at the board of Reliance Industries Limited has sparked public debate on the post-retirement career of senior employees of the...
Thomas Franco on the Banking Sector at Crossroads: Way Ahead
Franco was speaking at the public meeting titled Last battle to save PSBs on November 29, 2017, at the Constitution Club of India, New Delhi. The meeting was jointly organised by All India Bank Officer’s...
Ultimate Aim of the FRDI Bill is Backdoor Privatisation
Thomas Franco, General Secretary of the All India Bank Officers Confederation talked to Newsclick about the Financial Resolution and Deposit Insurance Bill. There has been no discussion or debate of any kind with either...
Will the RBI Solve the NPA Problem?
Five years ago, the All India Bank Officers’ Association, presented a presentation to our Bank Management titled NPA-Never Permit an Avalanche. This helped a lot to reduce NPAs of smaller amount but the large...
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