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Bank Mergers
February 7, 2020
Proposed Mergers of PSU Banks: “Big” Banks Needed to Serve “Big” Corporates.
On August 30th 2019 Finance Minister Nirmala Sitharaman announced collapsing of 10 Public Sector Banks in 4 Banks. A lot has been said about what will be the impact of this decision on NPA levels of these merged entities, whether it will lead to a rationalization of branch networks etc. These issues...
Article
September 13, 2019
Mergers To Serve Corporate Interests
On August 30, Finance Minister Nirmala Sitaraman announced the consolidation of 10 public sector banks (PSBs) into four large ones. The background of the announcement is the current full-blown economic crisis and a brewing crisis in the financial sector. Over the last several years, PSBs hav...
Article
March 11, 2026
Videos: RBI’s Reserve Fund Transfer & Banks Mergers: A Loot or Boost?
In the wake of RBI’s decision to transfer Rs 1.76 lakh crore to the government as per the recommendations of the Bimal Jalan-led committee; and Modi Government’s the decision to merge 10 Public Sector Banks to carve out for large banks, a public debate titled ‘RBI’s Reserve Fund Transfer & Banks...
Video
April 25, 2019
किताब: भारत में आर्थिक तबाही
पिछले साढ़े चार वर्षों में, देश एक बड़ी सामाजिक-राजनीतिक और आर्थिक उथल-पुथल से गुजरा है जैसा पहले कभी नहीं था। हाल के इतिहास में कभी भी एक साथ देश के इतने बड़े समूह को और विशेषकर समाज में हाशिए पर रहे लोगों को इतनी परेशानी से नहीं गुजरना पड़ा है। समाज के प्रत्येक वर्ग को देखते हुए, चाहे वह किसान हो...
Article
April 23, 2019
Book: Rubbles of an Economic Earthquake
In the past four and a half years, the country has gone through a major socio-political and economic upheaval as never before. At no point in the recent history has the country as a whole, and more importantly the marginalised sections of the society, been subjected to such distress. Looking at each...
Article