For many days Facebook is showing apparently an appeal by Ms. Nirmala Sitharaman appealing to every Indian to invest Rs 21,000 immediately as only 1000 can apply now as 80% has been subscribed in...
Our country has the biggest public service through Post Offices in every nook and corner of the country. Started in 1776 with the idea mooted by Warren Hastings, Lord Clive started post offices which...
After nationalisation of 14 banks in 1969 and 6 more in 1980, access to credit became possible for small borrowers. But everything changed after 1991 and worsened after 2014. Please refer to tables from...
The Annual Report of RBI 2025 and Basic Statistical Return 1 and 2, March 2025, reveal the increasing share of number of deposit accounts, deposits, loan accounts, and loan amount shifting to private banks....
The Reserve Bank of India, wide its notification RBI/2025-26/39/FIDD.CO.GSSD.BC.No 06/09.16.003/2025-26, announced that the Deendayal Antyodaya Yojana ā National Urban Livelihoods Mission (DAY-NULM) has officially concluded on September 30, 2024. Consequently, the Master Circular dated...
RBI Governor on 9th April 2025, after the Monetary Policy Committee meeting, announced that co-lending model will be expanded and a draft guideline for lending against gold will be circulated. RBI / 2025-26 /...
Yes Bank, which was rescued from collapse by the largest bank in our country, SBI, and restored to good health, is on sale. From a huge net loss of Rs. 16,418.02 crores in 2020...
From the first of May, the Reserve Bank of India (RBI) has permitted the banks, an increase in the charges for ATM transactions above a free limit. The free limit is 5 transactions in...
The whole world is talking about transparency, while data is accessed by the Big Four companies (Google, Microsoft, Amazon and Meta) virtually and used widely, invading your privacy. Mukesh Ambani said, “Data is the...
It is interesting to see the havoc created by the tariffs announced by Donald Trump, who became President for the second time after a loss in 2020.
The Reserve Bank of IndiaĀ issued a circular on 30th September 2024 titled, āGold Loans ā Irregular Practices Observed in Grant of Loans Against Pledge of Gold Ornaments and Jewellery.ā The instructions are forĀ all banksĀ and...
The Government of India, Ministry of Finance, vide their Letter No: F.No.7/93/2024-BOA-I dated 13.12.2024 under the subject: Stakeholder Consultation on Draft Bill to Curb Unregulated Lending Activities ā reg., has asked states, ministries, RBI,...
A model for the country and other states! We have seen many Union Economic Survey and Budget as well as State Budges. Kerala Budget especially by Dr. Thomas Issac used to have innovations and...
The Income Tax Bill 2025 was a great opportunity to bring real changes to the tax system of the country. The top taxpayers in the country are actors and not the corporate richest and...
SBI, the 218-year-old bank, the largest in the world in terms of number of branches and customers, which is a leader in housing loans, education loans, and many such areas, is conducting a massive...
