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banking

Home > Posts tagged banking

Banking Industry gets Wage Revision – Settlement Signed

Bankers have successfully achieved their dream of five-day work along with wage revision with the help of their unions, but there is more than meets the eye. Let’s get into the details and understand...

Read more March 13, 2024 at 9:00 am Thomas Franco

It is Our Money: Voices for public accountability in the India Social Forum

The India Social Forum was held in Patna from 2nd December to 4th December, was a confluence of social movements and civil society organizations from across India.

Read more December 12, 2023 at 5:32 pm CFA

While the RBI was sleeping…

Nearly a month after Maruti Suzuki chairman RC Bhargava raised a stink by saying that people’s ability to buy small cars has eroded and would continue to decline next year and national dailies reported...

Read more November 23, 2022 at 12:39 pm Prasanna Mohanty

Why are Public Sector Banks performing better?

The quarter 2 results of the public sector banks are noteworthy compared to a few years ago. All these banks showed good profits in the financial year 2021-22. Twelve PSBs made a net profit...

Read more November 15, 2022 at 3:24 pm Thomas Franco

The biggest hurdle in facing the recession is the Govt’s lack of political will

Ā ā€œIn my entire career as a public servant I haven't witnessed the extraction of public wealth for private profit on the scale that we see todayā€, said Jawhar Sircar, Rajya Sabha member, Trinamool Congress,...

Read more November 12, 2022 at 7:10 pm CFA

Why inflation blew up in our face and why RBI won’t explain the reasons to the people

It has been more than 9 months since inflation broke the 6% ceiling. As per the law, RBI is going to write to the government explaining their failure to contain it, but both parties...

Read more November 9, 2022 at 9:49 am CFA

IDBI Privatisation: Betrayal with Parliamentary Mandate & Mandate of the Constitution

After getting independence in the year 1947, India adopted the process of planning for the economic development of the country. As soon as it became a republic, in 1950, the first five-year plan was...

Read more November 7, 2022 at 10:59 am Devidas Tuljapurkar

Should SBI become the voice of the Government?

State Bank of India is a Public Sector Bank in which the Union Government holds a 54% share. It has to be independent, and it has acted independently in the past.Ā  For example, Mr...

Read more October 18, 2022 at 4:46 pm Thomas Franco

IDBI Bank Sale—The Height of MadnessĀ 

When the Nobel Prize in Economics is awarded to economists for their work on ā€œwhy banks should not be allowed to fail,ā€ the Union Government announced an Expression of Interest in selling IDBI Bank.

Read more October 12, 2022 at 5:57 pm Thomas Franco

Understanding Deregulation, Privatisation & Economic Reforms: What derailed the Indian economy?

The derailment began in 1991, with the World Bank, an IMF loan, and the liberalisation, privatisation, and globalisation agenda.

Read more September 20, 2022 at 12:56 pm Thomas Franco

Banks must adopt ESS safeguards in lending

As we observed environment day during one of the hottest Indian summers, the near absence of climate change as a civic discourse is alarming. At a time when the world finds itself in the...

Read more June 7, 2022 at 5:22 pm Priya Dharshini

RBI’s ā€œConsultative Document on Regulation of Micro-Financeā€ Part 1

In the aftermath of Andhra Pradesh microfinance crisis, erupted in 2010, RBI appointed a committee under the chairmanship of Shri Y H Malegam to study issues and concerns of the Microfinance Sector.Ā  Non Banking...

Read more August 2, 2021 at 11:11 am Sanjeev Chandorkar

History of Nationalisation of Banks and Task ahead

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...

Read more July 19, 2021 at 6:37 pm Thomas Franco

How was Banking in the Private Sector?

There were no public sector banks till 1955. Only on 1st July 1955 Imperial Bank of India was nationalised creating State Bank of India. It is important to know what was banking in our...

Read more May 8, 2021 at 12:05 pm Thomas Franco

Infographics: Indian EXIM Bank

These infographics done masterfully by Kokila Bhattacharya give a holistic picture of the Indian Exim bank - the institution and impacts of the investments. This series of infographics effectively depict the reach of Exim...

Read more February 12, 2021 at 3:25 pm CFA
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