The Coal Trail
India’s installed capacity for power generation has also seen a tremendous rise, standing at 405.77 GW. What is also readily observable is the dominant share of coal in the installed capacity equalling 204 GW,...
Random Reflections- Future of Wage Revision and Trade Unions in Banking Sector – End of the Road?
After more than 3 years of negotiations, strikes and agitations, wage revision for bank employees has been signed on 11.11.2020. For the award staff it is called Bipartite Settlement as they are covered under...
Concept Note titled Public Money: Resistance Against Arbitrary Bank Charges
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 accounts) which banks use for lending to...
Stand in Solidarity with the Bank Union Strike
Bank unions All India Bank Employee’s Association and Bank Employees Federation of India (BEFI) have called for a two-day nationwide strike today and tomorrow (January 8 and 9, 2019), in support of the general strike...
An Insight into CVC’s Bank Frauds Analysis
What is the inside story of the bank frauds in India? An insight into the ‘Top 100’ bank frauds by the Central Vigilance Commission On October 15, 2018, the Central Vigilance Commission (CVC) released...
Forget lessons from the past, Arun Jaitley’s bank recapitalisation even buried a July audit report
Hailed as a “big-bang move” by bankers, the government’s plan to recapitalise public sector banks with Rs 2.1 lakh crores is deemed to hold magical powers that will help turn around their financial situations....