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...
RBI’s “Consultative Document on Regulation of Micro-Finance” 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. Non Banking...
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...
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...
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...
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...
निवेशकों से धोखा-धड़ी के दोषी सहारा इंडिया के मैनेजर को गिरफ्तार किया जाय। प्रशासन के नाक में खड़े हो कर की जा रही ठगी।
सहारा इंडिया पैरा बैंकिंग शाखा सीधी द्वारा निवेशकों का पैसा हड़पने का पूरा षड्यंत्र रचा गया है। सहारा इंडिया शाखा सीधी के शाखा प्रबंधक की साजिश धोखाधड़ी के इस खेल के खिलाफ दंडात्मक कार्यवाही...
Random Reflections- Is India’s Banking Sector Moving Towards a Melt Down and Financial Collapse?
Bank’s performance is always the reflection of the country’s economy. Though results are not out for the financial year 2019-20, analysis shows that many banks will be showing a huge loss. The last quarter...
Random Reflections- Altering the Course of Banking
The Banking Sector was already in crisis. Crisis was created through the policies. Large credit was encouraged leading to the NPA Crisis. Development institutions like IDBI, ICICI and even UTI were converted into banks....
Random reflections- Is Reducing Deposit Interest Rate Right?
The government of India has reduced deposit interest rates drastically in addition to the banks which have been reducing the rates in tune with reduction of repo rates by the RBI. (Repo rate is...
Random Reflections-Economic Package Needed for the Country
Everyone accepts that the Covid-19 problem is not going to be over by April 14. When we were all anticipating an economy package, the PM asked us to hold candles and lights. To revive the economy,...
खामियां जो बैंकों और आमजन की बीच बढ़ा रही दूरियां
मेवात (Mewat Banking Problems) राजधानी दिल्ली की तेज रफ्तार जिंदगी से करीब 90 किलोमीटर दूर है, अरावली की पहाड़ियो से घिरा मेवात जिला। मेवात (Mewat Banking Problems) राजधानी दिल्ली की तेज रफ्तार जिंदगी से करीब...
Random Reflections: Why Government will save Yes Bank but not PMC Bank?
The SBI chairman has made a statement in Davos, Switzerland on the sidelines of the World Economic Forum that Yes Bank will not be allowed to go down. The same chairman sometimes back stated...
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...
Mergers To Serve Corporate Interests
On August 30, Finance Minister Nirmala Sitaraman announced the consolidation of 10 public sector banks (PSBs) into four large ones. The background of the announcement is the current full-blown economic crisis and a brewing...
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