Random Reflections Archives - Page 17 of 24 - Centre for Financial Accountability

Recently the Deputy Managing Director and the Digital Officer of State Bank of India stated that we have to ensure the safety and security of the Digital Platforms to prevent frauds. Hundreds of fraudulent transactions are taking place every day. The UPAI platform is the most unsecure. This has been...

General Random Reflections

Article

May 27, 2021

Thomas Franco

Why Financial Sector Strike?

Banks and Insurance were in the hands of the Private Sector only till 1969. After the nationalisation of banks in 1969 and subsequently in 1980, the outreach of the banking sector changed. Banks became accessible to the common man. The reversal started in 1991. Between 1969 and 1991 the number of br...

General Random Reflections

Article

May 27, 2021

Thomas Franco

Taking away Govt business from Govt Banks: A deep conspiracy to kill them.

The Finance Minister has announced that the government business handled by the government banks i.e. the public sector banks will also be provided to the private sector. Already certain government businesses have been slowly handed over to the new generation private banks. State Bank of India was ...

General Random Reflections

Article

May 18, 2021

Thomas Franco

Loans to Corporates – It’s high time to implement the RBI decision of 2016

RBI announced in August 2016, that it will move to cap exposure of banks to large borrowers while also taking steps to deepen the Corporate Bond Market. RBI stated that starting from next fiscal year (2017), banks will have to set aside higher provisions for incremental lending to borrowers who have...

General Random Reflections

Article

May 14, 2021

Thomas Franco

Isn’t Selling PSEs, Banks, Insurance, and Assets not selling family silver?

The Finance Minister has stated that she is not selling family silver but strengthening it. Is it true? Department of Investment and Public Asset Management (DIPAM) states that four major areas of its work relates to Strategic Disinvestment, Minority Stake Sales, Asset Monetisation and Capital Restr...

General Random Reflections

Article

February 18, 2025

Thomas Franco

Selling the House to have Alcohol- Budget 2021-22

We have come across alcoholics selling property to have their drink. The central government seems to be doing similar things. The Public Sector is like the house constructed with great ambition. But now, it is being sold on a platter to a few favourite corporates and the money is being used for Cen...

General Random Reflections Union Budget

Article

May 7, 2021

Thomas Franco

You made me a Khalistani

Long time ago there was a Malayalam film “Ningal Enna Communist Aakki”– You made me a Communist. The happenings on 26th January and the callous attitude with which the government is treating the farmers for more than two months now, reminds me of that, and I feel the government is going to mak...

General Random Reflections

Article

May 29, 2021

Thomas Franco

Random Reflections: Farm Laws, Food Security and PDS – The Reality

We know from history how some kings gave utmost importance to food security for every citizen, by constructing water harvesting structures, rivers, dams and encouraged cultivation. One good example is tapioca cultivation in Kerala during a famed famine that occurred from 1860 to 1880. Vish...

Random Reflections

Article

May 29, 2021

Thomas Franco

Random Reflections: Micro Finance – Time to look back and make a ‘U’ turn

In 1992, Self Help Groups (SHGs) promoted by NABARD as a Pilot Programme came as a boon for women who did not have access to credit. In Kanyakumari (Tamilnadu), the experience of Mahalir Association for Literacy Awareness and Rights (MALAR) was that the women took their first loan of Rs. 500 to red...

Indian Economy Random Reflections

Article

January 8, 2021

Thomas Franco

Random Reflections – Online Loans: Government and RBI should address the root cause of the problem

Online loans have led to suicides and loss of more than 1000 crores reported so far and few Chinese nationals are accused of cheating. Neither the Reserve Bank of India nor the Government of India has a clue. Online frauds have become so rampant. But many of them go unreported. ...

Indian Economy Random Reflections

Article

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Centre for Financial Accountability (CFA) aims to bring in accountability in financial institutions who lend money to development projects, through research and campaigns.

CFA is a project of CACIM (www.cacim.net) and Bank Information Centre Trust.

Categories

Random Reflections

Digital India helping crooks to cheat elderly people

Why Financial Sector Strike?

Taking away Govt business from Govt Banks: A deep conspiracy to kill them.

Loans to Corporates – It’s high time to implement the RBI decision of 2016

Isn’t Selling PSEs, Banks, Insurance, and Assets not selling family silver?

Selling the House to have Alcohol- Budget 2021-22

You made me a Khalistani

Random Reflections: Farm Laws, Food Security and PDS – The Reality

Random Reflections: Micro Finance – Time to look back and make a ‘U’ turn

Random Reflections – Online Loans: Government and RBI should address the root cause of the problem

Digital India helping crooks to cheat elderly people

Why Financial Sector Strike?

Taking away Govt business from Govt Banks: A deep conspiracy to kill them.

Loans to Corporates – It’s high time to implement the RBI decision of 2016

Isn’t Selling PSEs, Banks, Insurance, and Assets not selling family silver?

Selling the House to have Alcohol- Budget 2021-22

You made me a Khalistani

Random Reflections: Farm Laws, Food Security and PDS – The Reality

Random Reflections: Micro Finance – Time to look back and make a ‘U’ turn

Random Reflections – Online Loans: Government and RBI should address the root cause of the problem

CFA