Random Reflections Archives - Page 10 of 24 - Centre for Financial Accountability

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 has financed his companies, both listed and non-listed. The Watergate scandal brought down Nixon. Haro...

General 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

January 11, 2023

Thomas Franco

Demonetisation, Supreme Court order and unanswered Questions

Random Reflections In this in-depth analysis of the entire Demonetisation process in the context of the 4:1 Supreme Court verdict delivered on January 02, 2023, Thomas Franco Rajendra Dev, Former General Secretary of the All India Bank Officers Confederation points out that the extensive damages ca...

General Random Reflections

Article

January 9, 2023

Thomas Franco

RBI, Artificial Intelligence, Machine Learning and MNCs – Dangerous proposal – Must be dropped

Random Reflections Newspapers have reported that RBI has short-listed seven global consultancy firms including Price Water House Coopers, Mckinsey and Boston Consultancy Group to use Artificial Intelligence and Machine learning for supervisory functions. The RBI is looking to extensively use advanc...

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 29, 2022

Thomas Franco

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 it. OXFAM India Report 2022 on inequality stated that 84% of households suffered a decline i...

General Random Reflections

Article

November 25, 2022

Thomas Franco

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 of world trade and commerce. But the real power within the G-20 is held by the G-7, another small group o...

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

November 8, 2022

Thomas Franco

CBDC–Is it going to be used in elections? Or leading to another demonetisation?

Shaktikanta Das, the governor of the Reserve Bank of India, had so far maintained that India is not ready for a digital currency, but suddenly he has announced that from November 1, Central Bank Digital Currency (CBDC) will be in use. These will be of two types: CBDC (Wholesale) and CBDC (Retail). C...

General Random Reflections

Article

October 31, 2022

Thomas Franco

Loan Mela to Rozgar Mela -Hoodwinking People, the BJP Style

Registration for the Rozgar Mela 2022 is going to start online for 9,74,327 vacancies. Let us look at the details first. Out of the total, 8,36,936 posts are in the Grade C category, 92,525 in Grade B, and 26,282 in Grade A—all non-gazetted posts. Only, 23,584 gazetted officers are likely to be ...

General Random Reflections

Article

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Categories

Random Reflections

Who is going to fall? Gautam or Narendra?

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

Demonetisation, Supreme Court order and unanswered Questions

RBI, Artificial Intelligence, Machine Learning and MNCs – Dangerous proposal – Must be dropped

Reserve Bank of India – Clueless, Careless and Heartless

Recession – What India should do?

When India wears the G20 crown

Why are Public Sector Banks performing better?

CBDC–Is it going to be used in elections? Or leading to another demonetisation?

Loan Mela to Rozgar Mela -Hoodwinking People, the BJP Style

Who is going to fall? Gautam or Narendra?

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

Demonetisation, Supreme Court order and unanswered Questions

RBI, Artificial Intelligence, Machine Learning and MNCs – Dangerous proposal – Must be dropped

Reserve Bank of India – Clueless, Careless and Heartless

Recession – What India should do?

When India wears the G20 crown

Why are Public Sector Banks performing better?

CBDC–Is it going to be used in elections? Or leading to another demonetisation?

Loan Mela to Rozgar Mela -Hoodwinking People, the BJP Style

CFA