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....
RBI in its first announcement dated 27th March 2020, consequent upon corona pandemic 2019 had come out with various initiatives such as reduction in CRR, Repo Rate etc. thus to improve upon liquidity position...
The Finance Minister has reprimanded the Chairman of State Bank of India in an outreach meeting at Guwahati in which the Finance Minister of Assam Himanta Biswa Sarma, officials from banks and state government...
Banks act as financial intermediaries between depositors and borrowers. It is the public money, deposited in the form of term deposit (fixed deposits) and time deposit (saving & current accounts) which banks use for...
प्रेस विज्ञप्ति गरीबी पर जुर्माना – सरकारी बैंकों द्वारा बैंक खातों में न्यूनतम राशि के अधिनियम पर रोक लगायी जाये इस हफ्ते बहुत ही चौकाने वाली बात सामने आयी है कि भारतीय स्टेट बैंक...
New Report, looking into the share of particular sectors -in particular, power, steel infrastructure
It is an acknowledged fact that the Indian banking system is facing an unprecedented crisis. The problem of bad loans and the need for a capital infusion, drastic changes in financial policies, new legislation...
Non-Performing Assets (NPAs), a euphemism for toxic or bad loans, has been looming over Public Sector Banks (PSBs) for over a year. C. P. Krishnan, the General Secretary of Bank Employees Federation of India...
Don’t account holders have the right to know where their money is being invested? I was disturbed by news that my bank, the State Bank of India, has invested in a company that makes...
Priya Dharshini State Bank of India, the largest state owned bank in the country received a special honour of being the only Indian financial institution to sponsor cluster munitions. In June 2016, PAX a...
