BULA BILL TO SAVE SHYLOCKS?
The Statement of the Peoples Commission on Public Sector and Public Services has declared that the BULA Bill fails to rein in predatory lending activities.The summary of the statements is given below: The Department...
Eight Years of Finance Matters – A Matter of Pride – Salute to CFA Team – Present and Past
The first issue of Finance Matters was released on 1st July 2017 and had articles titled: Appointment of a new Indian ED at the World Bank raises a few questions The Draconian FRDI Bill,...
Will you arrest Anil Ambani or let him escape? Or make him 3rd richest in the country, Prime Minister?
Anil Ambani’s loan has been reported as fraud for the second time by SBI:It’s reported by BusinessLine as: State Bank of India has decided to report the loan account of Reliance Communications Ltd (RCOM)...
RBI Draft on Gold Loans Sending People to Money Lenders!
RBI Governor on 9th April 2025, after the Monetary Policy Committee meeting, announced that co-lending model will be expanded and a draft guideline for lending against gold will be circulated. RBI / 2025-26 /...
The Dangers of Neo-Banking, Fintechs, and the Inactiveness of the RBI
I remitted some money using GPay recently. There were many people with the same name, and erroneously the money went to the wrong account of one Arjunan. When the actual Arjunan to whom the...
Ministry of Finance Responds to MUDRA Loan Article
In response to the article published in Finance Matters last week, titled “MUDRA loan numbers – Biggest jumla by the Finance Minister” by Mr. Thomas Franco, Ministry of Finance & Corporate Affairs through their...
The first 23 years of Nationalisation and 30 years of Privatisation
The nationalisation of 14 banks on 19th July 1969 was the most desirable and important economic cum social reform in independent India. After 2 days of Nationalisation, Mrs. Indira Gandhi explained to the Parliament...
How the Banking Sector has been Destroyed in the Last 10 Years
The claim of the Prime Minister that the Banking Sector has become robust is not true if we analyse the facts and figures. On Jan 1 2015, Gyan Sangam 1 was organised in Pune...
SBI in the news for wrong reasons once again!
The largest bank in the country has earned the trust of the people. That’s why there are 48 crores accounts in the bank. But its recent request seeking more time to furnish the data...
Goldman Sachs Report and the True Picture of the Indian Economy
I am not a big fan of international Rating Agencies, but the recent report of Goldman Sachs analysts shows that they too agree with our concerns on Indian Economy.
Who is going to fall? Gautam or Narendra?
Mr Gautam Adani who become the second-richest man due to the support of Mr Narendra Damodardas Modi (See Random Reflections – Why boycott Adani) is in deep trouble. Almost every bank in the country...
Recession – What India should do?
Contrary to the claims of the Finance Minister, India is in recession. Even the RBI agrees. Inequality is on the rise. From jobless growth, we are in 'job loss' growth. Study after study confirms...
When India wears the G20 crown
G-20, (abbreviation for Group 20) is a fancy name. It has attracted the imagination of many around the globe and is often dubbed as the most important association of nations that matter in terms...
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. The farmer said that he doesn’t have any security.
RBI Bulletin- What did the media miss out?
It is surprising that none of these national newspapers noticed the footnote in the publication which said that this was not the opinion of the RBI.
Page 1 of 3
