Reserve Bank of India or the Richmen Bank of India?

RBI has been losing credibility since demonetisation. Its subsequent efforts like not intervening when Bank charges were increased, proposing banking licences to corporates which RBI all along opposed on well found principles, allowing more...

Read more June 18, 2021 at 10:21 am Thomas Franco

Random Reflections: One more attack on the Farmers by the Govt! No more Agriculture Gold Loans

The Finance Department has informed the Banks that there will not be any interest subsidy for Gold Loans given to Farmers (Refer Circular of SBI No.1370 / 2019-20 dated 24.12.2019). In 2006-07 Budget speech,...

Read more January 1, 2020 at 12:25 pm Thomas Franco

Importance of Public Banking System and How the Social Responsibility of Banks is being Diluted

A farmer came to a bank and asked for a loan for cultivation. The branch manager asked for security. ...

Three Months On, India’s Single-Use Plastic Ban A Dud

Banned plastic including straws, cutlery found in circulation in Mumbai and Delhi. Experts call the ban weak and ask...