19th of July is marked as the bank nationalisation day, recognising the historical decision of the Indira Gandhi government to take control of private banks. It is not an exaggeration to say that the...
While celebrating 52 years of Nationalisation, we have a government led by those people who along with their party opposed Nationalisation and now want to privatise everything. It is important to look at History...
Nationalisation of private sector banks was carried out during the decades of seventies and eighties by the Indian state with the aim to widen and deepen the path of capitalist transition in India. In...
The story of India’s Bank nationalisation in 1969, i.e. the public takeover of a significant part of the country’s banking system, its causes, consequences, achievements, and finally concerted attempts to weaken/roll-back the banking and...