Indian Economy Archives - Page 25 of 38 - Centre for Financial Accountability

Random Reflections — Handing over Control of Banks to Corporates will be handing over the Country. Time for Mr SakthiKantha Das to go

Internal Working Group of RBI has released a draft report on banking titled, “Ownership Guidelines and Corporate Struct...

Indian Economy Random Reflections

Article

India in Historic Recession, Cash at All-Time High After 4 Years of Demonetisation

Snippets from the Indian Banking and Finance Arena – November 2020 RBI announces: India in historic technical ...

Indian Economy National Financial Institutions

Article

Random Reflections- Future of Wage Revision and Trade Unions in Banking Sector – End of the Road?

After more than 3 years of negotiations, strikes and agitations, wage revision for bank employees has been signed on 11...

Indian Economy Random Reflections

Article

Random Reflections- Demonetisation – The cruel joke on the People

After demonetisation on November 8, 2016, seeing the anger of the people, on Nov 13 PM Modi in an emotionally choked sp...

Indian Economy Random Reflections

Article

The Curious Case of PM CARES

A pandemic like crisis naturally demands meticulous care, absolute impartiality and sheer stainless character in action...

Indian Economy

Article

Random Reflections— Whom are you fooling Finance Minister?; You are actually opening a Pandora’s Box

On 12th October, the Finance Minister told the media that she is announcing a package to boost demand. What is the ...

Indian Economy Random Reflections

Article

Random Reflections— Indian Railways Moving Mountains Belongs to People not Modiji

Narendra Modi, Prime Minister made a public statement in 2014 that the public sector was born to die. He also stated th...

Indian Economy Random Reflections

Article

Random Reflections- Future of Indian Economy & Banking

The economy world over has been affected which has never happened at this scale. World Bank report of June predicte...

Indian Economy Random Reflections

Article

Random Reflections— Narasimham Committee to Kamath Committee- Restructuring Loans or Restructuring of Banks?

From the day banking started, bankers always had a plan for handing loans going bad. Banking says giving loans has a cr...

Indian Economy Random Reflections

Article

SAVE PUBLIC SECTOR CHARACTER OF IDBI

TO PROTECT HARD EARNED SAVINGS OF THE COMMON MAN ORIGIN OF DEVELOPMENT BANKING Historically, the idea of establis...

Indian Economy National Financial Institutions

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November 27, 2020

Thomas Franco

Random Reflections — Handing over Control of Banks to Corporates will be handing over the Country. Time for Mr SakthiKantha Das to go

Internal Working Group of RBI has released a draft report on banking titled, “Ownership Guidelines and Corporate Structure for Indian Private Banks”. Comments on the report can be submitted before January 15. While few corporate and NBPCs have welcomed the report, Dr. Raghuram Rajan, former governo...

Indian Economy Random Reflections

Article

November 23, 2020

Nishank

India in Historic Recession, Cash at All-Time High After 4 Years of Demonetisation

Snippets from the Indian Banking and Finance Arena – November 2020 RBI announces: India in historic technical recession. Is COVID pandemic the only reason? RBI’s deputy governor in charge of monetary policy, along with a team of economists made an alarming announcement saying “In...

Indian Economy National Financial Institutions

Article

November 18, 2020

Thomas Franco

Random Reflections- Future of Wage Revision and Trade Unions in Banking Sector – End of the Road?

After more than 3 years of negotiations, strikes and agitations, wage revision for bank employees has been signed on 11.11.2020. For the award staff it is called Bipartite Settlement as they are covered under the Industrial Disputes Act and for officers it is called a Joint Note based on their barg...

Indian Economy Random Reflections

Article

November 11, 2020

Thomas Franco

Random Reflections- Demonetisation – The cruel joke on the People

After demonetisation on November 8, 2016, seeing the anger of the people, on Nov 13 PM Modi in an emotionally choked speech in Goa said “I have asked the country for just 50 days. If after December 30, there are short comings in my work or there are mistakes or a bad intention found in my work, I w...

Indian Economy Random Reflections

Article

November 1, 2020

Mir Jalal

The Curious Case of PM CARES

A pandemic like crisis naturally demands meticulous care, absolute impartiality and sheer stainless character in action. However even in this hour of peril the ruling party stooped further low by refusing to rise above pity politics and continuing with expanding its boundaries of authoritarianism. ...

Indian Economy

Article

October 18, 2020

Thomas Franco

Random Reflections— Whom are you fooling Finance Minister?; You are actually opening a Pandora’s Box

On 12th October, the Finance Minister told the media that she is announcing a package to boost demand. What is the Package? The package includes Rs.10000 Festival advance to central government employees, LTC cash voucher, interest free loans to few states and increase in capital expenditure ...

Indian Economy Random Reflections

Article

October 9, 2020

Thomas Franco

Random Reflections— Indian Railways Moving Mountains Belongs to People not Modiji

Narendra Modi, Prime Minister made a public statement in 2014 that the public sector was born to die. He also stated that it should either be allowed to die or should be privatised. Now the government is on a privatisation spree. In the case of railways, catering has been privatised leading to pric...

Indian Economy Random Reflections

Article

October 2, 2020

Thomas Franco

Random Reflections- Future of Indian Economy & Banking

The economy world over has been affected which has never happened at this scale. World Bank report of June predicted that 71 million to 100 million people will move towards extreme poverty of less than $1.90 at 2011 prices. A detailed study of the United National covering 70 countries predic...

Indian Economy Random Reflections

Article

September 28, 2020

Thomas Franco

Random Reflections— Narasimham Committee to Kamath Committee- Restructuring Loans or Restructuring of Banks?

From the day banking started, bankers always had a plan for handing loans going bad. Banking says giving loans has a credit risk due to various reasons. Banks become a partner to the borrower when they provide loans and when the units are not doing well, they collaborate to find out reasons and sug...

Indian Economy Random Reflections

Article

September 26, 2020

Devidas Tuljapurakar

SAVE PUBLIC SECTOR CHARACTER OF IDBI

TO PROTECT HARD EARNED SAVINGS OF THE COMMON MAN ORIGIN OF DEVELOPMENT BANKING Historically, the idea of establishing special institution for the provision of finance for industry was put forth in strong terms, as far back as 1931, by the Central Banking Enquiry Committee. The Committee recom...

Indian Economy National Financial Institutions

Article

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Indian Economy

Random Reflections — Handing over Control of Banks to Corporates will be handing over the Country. Time for Mr SakthiKantha Das to go

India in Historic Recession, Cash at All-Time High After 4 Years of Demonetisation

Random Reflections- Future of Wage Revision and Trade Unions in Banking Sector – End of the Road?

Random Reflections- Demonetisation – The cruel joke on the People

The Curious Case of PM CARES

Random Reflections— Whom are you fooling Finance Minister?; You are actually opening a Pandora’s Box

Random Reflections— Indian Railways Moving Mountains Belongs to People not Modiji

Random Reflections- Future of Indian Economy & Banking

Random Reflections— Narasimham Committee to Kamath Committee- Restructuring Loans or Restructuring of Banks?

SAVE PUBLIC SECTOR CHARACTER OF IDBI

Random Reflections — Handing over Control of Banks to Corporates will be handing over the Country. Time for Mr SakthiKantha Das to go

India in Historic Recession, Cash at All-Time High After 4 Years of Demonetisation

Random Reflections- Future of Wage Revision and Trade Unions in Banking Sector – End of the Road?

Random Reflections- Demonetisation – The cruel joke on the People

The Curious Case of PM CARES

Random Reflections— Whom are you fooling Finance Minister?; You are actually opening a Pandora’s Box

Random Reflections— Indian Railways Moving Mountains Belongs to People not Modiji

Random Reflections- Future of Indian Economy & Banking

Random Reflections— Narasimham Committee to Kamath Committee- Restructuring Loans or Restructuring of Banks?

SAVE PUBLIC SECTOR CHARACTER OF IDBI