private banks Archives - Centre for Financial Accountability

Indian Banking Paradox: Accounting Profit Vs Social Profit

We are in the midst of major changing times in recent history; internationally, domestically in general and the Indian b...

Article

Merger of Banks, Appointment of MDs from Private Sector and Privatisation of Banks

The Finance Minister has again started talking about the merger of 2–3 big banks to compete in the global market, and ne...

Finance General Random Reflections

Article

PSB Manthan to Privatise Public Banks – A Dangerous Path

As per reports in Business Standard, “Call for paring Govt stake in Public Sector Banks, diluting the Government’s stake...

General Random Reflections

Article

Women demand basic dignity, access to credit and monitoring micro finance by States

The National Public Hearing on Rising Indebtedness of Women and MFI Loot, convened by the All India Democratic Women’s A...

Debt Crisis & NBFCs General Indian Economy Random Reflections

Article

Who Benefits from RBI’s Reforms? | Finance Matters, 27 June 2025 | Editorial

The Reserve Bank of India’s latest economic review paints a mixed picture. On the surface, India’s growth appears strong...

FM EditS General

Article

How to make the biggest public service serve Private Corporates- Learn from BJP Government

Our country has the biggest public service through Post Offices in every nook and corner of the country. Started in 1776...

General Random Reflections

Article

The first 23 years of Nationalisation and 30 years of Privatisation

The nationalisation of 14 banks on 19th July 1969 was the most desirable and important economic cum social reform in in...

General Random Reflections

Article

Where is my Interest? Will Nirmalaji explain?

As of 31st March 2024, the Indian Scheduled Commercial Banks (SCBs) had Rs 21,04.039 crore in Current Account, Rs. 63,00...

General Random Reflections

Article

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 c...

General Indian Economy Random Reflections

Article

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 sys...

General Random Reflections

November 12, 2025

Sanjeev Chandorkar

Indian Banking Paradox: Accounting Profit Vs Social Profit

We are in the midst of major changing times in recent history; internationally, domestically in general and the Indian banking system in particular. First time after independence, Indian banks are being sold to foreign capital, Lakshmi Vilas to DBS and Yes Bank to Sumitomo. IDBI bank is next. Few pu...

Debt Crisis & NBFCs Finance General Indian Economy

Article

November 10, 2025

Thomas Franco

Merger of Banks, Appointment of MDs from Private Sector and Privatisation of Banks

The Finance Minister has again started talking about the merger of 2–3 big banks to compete in the global market, and newspapers say that the government is considering the appointment of Managing Directors in public banks from the private sector. This will destroy Public Sector Banks. Privatisation ...

Finance General Random Reflections

Article

September 17, 2025

Thomas Franco

PSB Manthan to Privatise Public Banks – A Dangerous Path

As per reports in Business Standard, “Call for paring Govt stake in Public Sector Banks, diluting the Government’s stake in them and leaving their regulations to the RBI were among the key new ideas discussed by the bankers and experts at a brainstorming session steered by the Finance Ministry on Fr...

General Random Reflections

Article

September 11, 2025

Thomas Franco

Women demand basic dignity, access to credit and monitoring micro finance by States

The National Public Hearing on Rising Indebtedness of Women and MFI Loot, convened by the All India Democratic Women’s Association, on 23-24 August 2025 at New Delhi highlighted the failure of the Government of India and the Reserve Bank of India in curbing the growing power and malpractices of NBFC...

Debt Crisis & NBFCs General Indian Economy Random Reflections

Article

July 3, 2025

CFA Admin

Who Benefits from RBI’s Reforms? | Finance Matters, 27 June 2025 | Editorial

The Reserve Bank of India’s latest economic review paints a mixed picture. On the surface, India’s growth appears strong, among the highest globally, with inflation easing and agriculture performing well. But beneath this headline optimism lies a more fragile reality. Urban demand remains weak, unem...

FM EditS General

Article

July 1, 2025

Thomas Franco

How to make the biggest public service serve Private Corporates- Learn from BJP Government

Our country has the biggest public service through Post Offices in every nook and corner of the country. Started in 1776 with the idea mooted by Warren Hastings, Lord Clive started post offices which were then called Company Mail. On 1st April 1882, the first Post Office Savings Bank account was sta...

General Random Reflections

Article

July 21, 2024

Thomas Franco

The first 23 years of Nationalisation and 30 years of Privatisation

The nationalisation of 14 banks on 19th July 1969 was the most desirable and important economic cum social reform in independent India. After 2 days of Nationalisation, Mrs. Indira Gandhi explained to the Parliament the purpose, the expectation and the constitutional mandate.Let’s have a look at th...

General Random Reflections

Article

June 28, 2024

Thomas Franco

Where is my Interest? Will Nirmalaji explain?

As of 31st March 2024, the Indian Scheduled Commercial Banks (SCBs) had Rs 21,04.039 crore in Current Account, Rs. 63,00,792 crore in Savings Bank Accounts, Rs.12,51,022 crore in Term Deposits totalling Rs. 2,09,55,853 crores. Using these deposits, banks had provided a loan of Rs.1,69,13,694 crore. ...

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

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

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private banks

Indian Banking Paradox: Accounting Profit Vs Social Profit

Merger of Banks, Appointment of MDs from Private Sector and Privatisation of Banks

PSB Manthan to Privatise Public Banks – A Dangerous Path

Women demand basic dignity, access to credit and monitoring micro finance by States

Who Benefits from RBI’s Reforms? | Finance Matters, 27 June 2025 | Editorial

How to make the biggest public service serve Private Corporates- Learn from BJP Government

The first 23 years of Nationalisation and 30 years of Privatisation

Where is my Interest? Will Nirmalaji explain?

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

Reserve Bank of India – Clueless, Careless and Heartless

Indian Banking Paradox: Accounting Profit Vs Social Profit

Merger of Banks, Appointment of MDs from Private Sector and Privatisation of Banks

PSB Manthan to Privatise Public Banks – A Dangerous Path

Women demand basic dignity, access to credit and monitoring micro finance by States

Who Benefits from RBI’s Reforms? | Finance Matters, 27 June 2025 | Editorial

How to make the biggest public service serve Private Corporates- Learn from BJP Government

The first 23 years of Nationalisation and 30 years of Privatisation

Where is my Interest? Will Nirmalaji explain?

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

Reserve Bank of India – Clueless, Careless and Heartless