The Great Indian Illusion !
The documentary film ” The Great Indian Illusion ” by young & promising film director of his own style Mr. Varun Sukhraj emerges at a critical historical moment when the Indian banking sector is...
Loan Write-offs and Reduction in Rural Bank Branches Are Undermining Financial Inclusion in India
As the DFS gears up for its stock-taking meet, it must recall that true financial inclusion needs more public sector bank branches and staff. It appears that a major stock-taking andĀ brainstormingĀ is being organised by...
Private Banks overtaking Public Banks in business – it’s a plan – not a surprise.
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....
Is RBIās New Plan for Bad Loans Just Another Quick Fix?
In a country like India, where millions hover between poverty and fragile middle-class dreams, every bad loan is more than a financial misstep ā itās a broken promise. The Reserve Bank of Indiaās (RBIās)...
The Magic of Falling NPAs! | Finance Matters | 13 December 2024 | Editorial
A recent investigation by The Indian Express revealed that over 43% of the total non-performing assets (NPA) till March 2019, or Rs. 4.02 lakh crore, was accounted for by just 100 companies. According to...
Wrong Diagnosis & Misplaced PrioritiesĀ
A Critique of the Boston Consulting Group's Report on Banking in India
Why RBIās financial governance should address social and environmental concerns
The Reserve Bank of India released a new draft of the project finance framework in May. To address risks and impacts, it must integrate social and environmental considerations, writes the author of this commentary.
How they are Bleeding the Public Sector Banks & Road Ahead
Report of the webinar co-organized by All India Bank Officers Confederation and Centre for Financial Accountability on 26th December 2023.
Reserve Bank of India ā Clueless, Careless and Heartless
RBI is the regulator and supervisor of the monetary system. Its objectives are, to maintain public confidence in the system, protect depositorsā interests and provide cost-effective banking services to the public. Its roles are...
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...
The biggest hurdle in facing the recession is the Govtās lack of political will
Ā āIn 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,...
IBCās stressed asset resolution is under severe stress, needs overhauling
Everything that can go wrong is going wrong with the big-ticket āreformā Insolvency and Bankruptcy Code (IBC) of 2016, which was sold as the panacea for stressed asset resolutions (NPAs).
ABG Shipyard Scam- Need for Accountability and Overhaul of the System
ABG Shipyard was incorporated on 15th March 1985 as a ship building and repair business in Gujarat with an office in Mumbai. Its Chairman as well as Managing Director is Rishi Kamlesh Agarwal and...
Dubious ways of Privatising Banks without calling it Privatisation
From 1991 with the debut of neoliberal policies we have followed the dictates of IMF, the World Bank, the Financial Stability Board (of G-20) and now even the World Economic Forum.
A Dint on the PSBās NPA Management
The global economy is in a downward trend, fueled by the 3rd wave of the pandemic. In India, the role of Public Sector Banks (PSB) who constitutes more than 65% of the banking system,...
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