Random Reflections Archives - Page 23 of 24 - Centre for Financial Accountability

Random Reflections: Are Banks Becoming Arms of the Ruling Party?

The Reserve Bank of India introduced “Know Your Customer” [KYC] norms under the provisions of “Prevention of Money Laund...

Article

Random Reflections: Banking in Crisis and Bank Staff in Crisis

Banking in India is in crisis for some time since 2014, and there seems to be no light at the end of the tunnel. One cru...

Indian Economy National Financial Institutions NFIs Random Reflections

Article

Random Reflections: One more attack on the Farmers by the Govt! No more Agriculture Gold Loans

The Finance Department has informed the Banks that there will not be any interest subsidy for Gold Loans given to Farmer...

Blog National Financial Institutions NFIs Random Reflections

Article

Random Reflections: Corruption in banks, in the name of cross-selling – Who will bell the cat?

In the name of making banks into supermarkets, providing all financial services, cross-selling was permitted by RBI and ...

Blog National Financial Institutions NFIs Random Reflections

Article

Random Reflections: For the Corporates, by the Corporates, of the Corporates – India getting sold

The Parliament has passed The International Financial Services Centres Authority Bill 2019. The Act will apply to be the...

Blog National Financial Institutions Random Reflections

Article

Random Reflections: Why is the Finance Minister Shielding Defaulters?

Why are you shielding the defaulters? Madam Nirmala Sitaraman has to answer! The Government of India has released some d...

Indian Economy National Financial Institutions NPAs Random Reflections

Article

Random Reflections: MUDRA Loans – Next Avalanche for Banks?

Pradhan Mantri Mudra Yojana was launched on 8th April 2015. Categorised as Shishu, for loans upto Rs.50000/-, Kishore fo...

Blog NPAs Random Reflections

Article

Random Reflections: Three Years of Demonetization – Where is the Black Money?

On Nov 8th, 2016 the Prime Minister told the citizens that “For years, this country has felt that corruption, blac...

Blog National Financial Institutions NFIs Random Reflections

Article

Random Reflections: Losing Faith in the Banking System is Dangerous

More than a month of waiting for 16 lakh depositors is leading to a dangerous position of loss of faith in banks. The Co...

"Bank Mergers" Blog FRDI National Financial Institutions NFIs Random Reflections

Article

Random Reflections: What next in Banking Sector? Will the Trade Unions work together?

On 22nd Oct, AIBEA and BEFI went on strike against merger of Banks. Did anybody care? Sad that all Unions and Associatio...

Blog National Financial Institutions NFIs Random Reflections

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February 7, 2020

Thomas Franco

Random Reflections: Are Banks Becoming Arms of the Ruling Party?

The Reserve Bank of India introduced “Know Your Customer” [KYC] norms under the provisions of “Prevention of Money Laundering Act 2002 and Prevention of Money Laundering (Maintenance of Records) Rules 2005. As per these Acts Regulated Entities (REs) like banks, Non-Banking Financial Companies (NBFCs...

Blog Indian Economy Random Reflections

Article

February 7, 2020

Thomas Franco

Random Reflections: Banking in Crisis and Bank Staff in Crisis

Banking in India is in crisis for some time since 2014, and there seems to be no light at the end of the tunnel. One crucial problem in the banking industry is the problems of the bank staff. The staff strength is not adequate to commensurate with the increased business. With the Government of India...

Indian Economy National Financial Institutions NFIs Random Reflections

Article

February 7, 2020

Thomas Franco

Random Reflections: One more attack on the Farmers by the Govt! No more Agriculture Gold Loans

The Finance Department has informed the Banks that there will not be any interest subsidy for Gold Loans given to Farmers (Refer Circular of SBI No.1370 / 2019-20 dated 24.12.2019). In 2006-07 Budget speech, the Finance Minister announced an interest subsidy of 2% for farmers who avail credit upto R...

Blog National Financial Institutions NFIs Random Reflections

Article

February 7, 2020

Thomas Franco

Random Reflections: Corruption in banks, in the name of cross-selling – Who will bell the cat?

In the name of making banks into supermarkets, providing all financial services, cross-selling was permitted by RBI and the government in the banking industry. Life insurance policies, general insurance policies, mutual funds etc are handled by bank staff today, neglecting loans and advances which w...

Blog National Financial Institutions NFIs Random Reflections

Article

February 7, 2020

Thomas Franco

Random Reflections: For the Corporates, by the Corporates, of the Corporates – India getting sold

The Parliament has passed The International Financial Services Centres Authority Bill 2019. The Act will apply to be the International Financial Services Centres (IFSC) set up under See 18 of the Special Economic Zones Act, 2005. The Act will apply to Financial Products and Financial Services. The P...

Blog National Financial Institutions Random Reflections

Article

February 7, 2020

Thomas Franco

Random Reflections: Why is the Finance Minister Shielding Defaulters?

Why are you shielding the defaulters? Madam Nirmala Sitaraman has to answer! The Government of India has released some data on Bank credit which requires critical analysis. In October & December loan melas Public Banks have released loans of Rs. 4.92 Lakh Crores. Out of this loan, Rs. 2,20,151 C...

Indian Economy National Financial Institutions NPAs Random Reflections

Article

February 7, 2020

Thomas Franco

Random Reflections: MUDRA Loans – Next Avalanche for Banks?

Pradhan Mantri Mudra Yojana was launched on 8th April 2015. Categorised as Shishu, for loans upto Rs.50000/-, Kishore for loans upto Rs. 5 lakhs and Tarun for Loans upto Rs. 10 lakh, the scheme wrapped in attractive names was pushed by the Government, forcing banks to give credit for micro, small an...

Blog NPAs Random Reflections

Article

February 7, 2020

Thomas Franco

Random Reflections: Three Years of Demonetization – Where is the Black Money?

On Nov 8th, 2016 the Prime Minister told the citizens that “For years, this country has felt that corruption, black money and terrorism are festering sores, holding us back in the race towards development.” He went on to add that enemies from across the border run their operations using ...

Blog National Financial Institutions NFIs Random Reflections

Article

February 7, 2020

Thomas Franco

Random Reflections: Losing Faith in the Banking System is Dangerous

More than a month of waiting for 16 lakh depositors is leading to a dangerous position of loss of faith in banks. The Cooperative banks have more than 13 crore small depositors. RBI has enough powers. When it has appointed a retired CGM to take some steps it should allow depositors to withdraw their...

"Bank Mergers" Blog FRDI National Financial Institutions NFIs Random Reflections

Article

February 7, 2020

Thomas Franco

Random Reflections: What next in Banking Sector? Will the Trade Unions work together?

On 22nd Oct, AIBEA and BEFI went on strike against merger of Banks. Did anybody care? Sad that all Unions and Associatious objecting merger did not fight together. The Banking Sector Trade Unions in the Banking sector could stop privatisation so far and slow down the so called reforms which will wea...

Blog National Financial Institutions NFIs Random Reflections

Article

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Our Money | Our Rights | Our Voice

Random Reflections

Random Reflections: Are Banks Becoming Arms of the Ruling Party?

Random Reflections: Banking in Crisis and Bank Staff in Crisis

Random Reflections: One more attack on the Farmers by the Govt! No more Agriculture Gold Loans

Random Reflections: Corruption in banks, in the name of cross-selling – Who will bell the cat?

Random Reflections: For the Corporates, by the Corporates, of the Corporates – India getting sold

Random Reflections: Why is the Finance Minister Shielding Defaulters?

Random Reflections: MUDRA Loans – Next Avalanche for Banks?

Random Reflections: Three Years of Demonetization – Where is the Black Money?

Random Reflections: Losing Faith in the Banking System is Dangerous

Random Reflections: What next in Banking Sector? Will the Trade Unions work together?

Random Reflections: Are Banks Becoming Arms of the Ruling Party?

Random Reflections: Banking in Crisis and Bank Staff in Crisis

Random Reflections: One more attack on the Farmers by the Govt! No more Agriculture Gold Loans

Random Reflections: Corruption in banks, in the name of cross-selling – Who will bell the cat?

Random Reflections: For the Corporates, by the Corporates, of the Corporates – India getting sold

Random Reflections: Why is the Finance Minister Shielding Defaulters?

Random Reflections: MUDRA Loans – Next Avalanche for Banks?

Random Reflections: Three Years of Demonetization – Where is the Black Money?

Random Reflections: Losing Faith in the Banking System is Dangerous

Random Reflections: What next in Banking Sector? Will the Trade Unions work together?

CFA

Categories

Random Reflections

Random Reflections: Are Banks Becoming Arms of the Ruling Party?

Random Reflections: Banking in Crisis and Bank Staff in Crisis

Random Reflections: One more attack on the Farmers by the Govt! No more Agriculture Gold Loans

Random Reflections: Corruption in banks, in the name of cross-selling – Who will bell the cat?

Random Reflections: For the Corporates, by the Corporates, of the Corporates – India getting sold

Random Reflections: Why is the Finance Minister Shielding Defaulters?

Random Reflections: MUDRA Loans – Next Avalanche for Banks?

Random Reflections: Three Years of Demonetization – Where is the Black Money?

Random Reflections: Losing Faith in the Banking System is Dangerous

Random Reflections: What next in Banking Sector? Will the Trade Unions work together?

Random Reflections: Are Banks Becoming Arms of the Ruling Party?

Random Reflections: Banking in Crisis and Bank Staff in Crisis

Random Reflections: One more attack on the Farmers by the Govt! No more Agriculture Gold Loans

Random Reflections: Corruption in banks, in the name of cross-selling – Who will bell the cat?

Random Reflections: For the Corporates, by the Corporates, of the Corporates – India getting sold

Random Reflections: Why is the Finance Minister Shielding Defaulters?

Random Reflections: MUDRA Loans – Next Avalanche for Banks?

Random Reflections: Three Years of Demonetization – Where is the Black Money?

Random Reflections: Losing Faith in the Banking System is Dangerous

Random Reflections: What next in Banking Sector? Will the Trade Unions work together?

CFA