Public Sector Banks Archives - Page 2 of 9 - Centre for Financial Accountability

Banking Sector shows the way for Industrial Relations and improved productivity

The Indian banking sector has a unique industrial relations machinery that came into practice through struggle and sacri...

Article

Customer Service in Public Sector Banks – Is the Finance Minister Irresponsible?

A recent news report by ANI and PTI reported that a senior citizen, Surya Harijan walks many kilometres barefoot with th...

General Indian Economy Latest Random Reflections

Article

Systematically killing public sector banks: Pushing away people to money sharks

It was only after the nationalisation of 14 banks on July 19, 1969, that the banks reached the common people. The main c...

General Indian Economy Random Reflections

Article

Reserve Bank of India – Clueless, Careless and Heartless

RBI is the regulator and supervisor of the monetary system. Its objectives are, to maintain public confidence in the sys...

General Random Reflections

Article

Why are Public Sector Banks performing better?

Random Reflections The quarter 2 results of the public sector banks are noteworthy compared to a few years ago. All thes...

General Random Reflections

Article

Should SBI become the voice of the Government?

Random Reflections State Bank of India is a Public Sector Bank in which the Union Government holds a 54% share. It has t...

General Random Reflections

Article

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

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

Random Reflections

Article

How to destroy the Indian Economy? Poonam Gupta and Arvind Panagaraiya prescribe

A report presented by Poonam Gupta and Arvind Panagaraiya at the India Policy Forum 2022 on 12th July, is clearly a pres...

General Random Reflections

Article

Is SBI getting Privatised?

Arvind Panagariya and Poonam Gupta have come up with a demand that all public sector banks, except the State Bank of In...

General Random Reflections

Article

LIC should run the IDBI bank and not some fortune seekers

In the USA right now, roadshows by our government to sell IDBI Bank are happening, soliciting prospective buyers. Meanwh...

General Random Reflections

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July 18, 2023

Thomas Franco

Banking Sector shows the way for Industrial Relations and improved productivity

The Indian banking sector has a unique industrial relations machinery that came into practice through struggle and sacrifices, and it is not only for the workmen but also for the officers. In 1969 the supervising officials of the State Bank of India went on an indefinite strike which lasted for 17 d...

General Latest Random Reflections

Article

April 25, 2023

Thomas Franco

Customer Service in Public Sector Banks – Is the Finance Minister Irresponsible?

A recent news report by ANI and PTI reported that a senior citizen, Surya Harijan walks many kilometres barefoot with the support of a broken chair to reach a bank to collect her pension in Odisha’s Jharigaon. They published a video of the lady walking. Without ascertaining the facts, the Finance Mi...

General Indian Economy Latest Random Reflections

Article

January 30, 2023

CFA Admin

Systematically killing public sector banks: Pushing away people to money sharks

It was only after the nationalisation of 14 banks on July 19, 1969, that the banks reached the common people. The main changes that were done included a shift from class banking to mass banking, a shift from big industries to agriculture, the development of small, medium, and micro enterprises, a sh...

General Indian Economy Random Reflections

Article

December 12, 2022

Thomas Franco

Reserve Bank of India – 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 depositors’ interests and provide cost-effective banking services to the public. Its roles are to maintain financial stability and to ensure adequate liquidity in the ...

General Random Reflections

Article

November 15, 2022

Thomas Franco

Why are Public Sector Banks performing better?

Random Reflections 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 of Rs 25,685 Cr in quarter 2 of FY23 and a total of Rs 40,991 Cr in the first half of 2023....

General Random Reflections

Article

October 18, 2022

Thomas Franco

Should SBI become the voice of the Government?

Random Reflections 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. For example, Mr R.K. Talwar as chairman of the bank, refused to give a loan recommended by Mr Pranab Mukherjee, the t...

General Random Reflections

Article

October 3, 2022

Thomas Franco

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

Random Reflections A farmer came to a bank and asked for a loan for cultivation. The branch manager asked for security. The farmer said that he doesn’t have any security. The branch manager asked for the land documents, encumbrance certificate, chitta, and legal opinion and finally gave a loan. Aft...

Random Reflections

Article

August 4, 2022

Thomas Franco

How to destroy the Indian Economy? Poonam Gupta and Arvind Panagaraiya prescribe

A report presented by Poonam Gupta and Arvind Panagaraiya at the India Policy Forum 2022 on 12th July, is clearly a prescription for destroying the Indian Economy which is already on the verge of collapsing. Introduction They start with nice statements- ‘Finance is the lifeblood of an economy....

General Random Reflections

Article

July 29, 2022

Thomas Franco

Is SBI getting Privatised?

Arvind Panagariya and Poonam Gupta have come up with a demand that all public sector banks, except the State Bank of India, should be privatised. They argue for this based on certain parameters of performance which are relevant only for private sector banks. Public sector banks fulfil the objective...

General Random Reflections

Article

July 11, 2022

Thomas Franco

LIC should run the IDBI bank and not some fortune seekers

In the USA right now, roadshows by our government to sell IDBI Bank are happening, soliciting prospective buyers. Meanwhile, the bill that will remove legal hurdles in selling the PSU Banks is expected in the coming monsoon session of the parliament. Soon the cap on foreign equity holdings in banks ...

General Random Reflections

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Categories

Public Sector Banks

Banking Sector shows the way for Industrial Relations and improved productivity

Customer Service in Public Sector Banks – Is the Finance Minister Irresponsible?

Systematically killing public sector banks: Pushing away people to money sharks

Reserve Bank of India – Clueless, Careless and Heartless

Why are Public Sector Banks performing better?

Should SBI become the voice of the Government?

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

How to destroy the Indian Economy? Poonam Gupta and Arvind Panagaraiya prescribe

Is SBI getting Privatised?

LIC should run the IDBI bank and not some fortune seekers

Banking Sector shows the way for Industrial Relations and improved productivity

Customer Service in Public Sector Banks – Is the Finance Minister Irresponsible?

Systematically killing public sector banks: Pushing away people to money sharks

Reserve Bank of India – Clueless, Careless and Heartless

Why are Public Sector Banks performing better?

Should SBI become the voice of the Government?

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

How to destroy the Indian Economy? Poonam Gupta and Arvind Panagaraiya prescribe

Is SBI getting Privatised?

LIC should run the IDBI bank and not some fortune seekers

CFA