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Digital India helping crooks to cheat elderly people

Recently the Deputy Managing Director and the Digital Officer of State Bank of India stated that we have to ensure the s...

General Random Reflections

Article

Random Reflections- Demonetisation – The cruel joke on the People

After demonetisation on November 8, 2016, seeing the anger of the people, on Nov 13 PM Modi in an emotionally choked sp...

Indian Economy Random Reflections

Article

Random Reflections- Solutions for the Banking Sector

“Call the dog mad and shoot it” was the old slogan. The present slogan is, “poison the dog, make it look like mad and s...

Indian Economy Random Reflections

Article

Random Reflections- Privatisation of Financial Sector – A road to ruin

Almost all financial newspapers have informed that 3-5 banks and 3 general insurance companies are going to be privatiz...

Indian Economy Random Reflections

Article

Random Reflections- Are the Public Banks Already Private?

Institutions do not become public only because of ownership by the state. They should serve the people at large who are...

Indian Economy Random Reflections

Article

Random Reflections- Altering the Course of Banking

The Banking Sector was already in crisis. Crisis was created through the policies. Large credit was encouraged le...

Blog Indian Economy Random Reflections

Article

Banking in Disarray! How to bring it back on tracks?

RBI in its first announcement dated 27th March 2020, consequent upon corona pandemic 2019 had come out with various ini...

Blog Indian Economy NPAs

Article

Random Reflections- Will the FM yield to the demands of the people & apologise?

The Finance Minister has reprimanded the Chairman of State Bank of India in an outreach meeting at Guwahati in which th...

Indian Economy Random Reflections

Article

The Arbitrary Bank Charges must be Removed

Banks act as financial intermediaries between depositors and borrowers. It is the public money, deposited in the form of...

Bank Charges Blog

Article

सरकारी बैंकों द्वारा बैंक खातों में न्यूनतम राशि पर रोक लगायी जाये

प्रेस विज्ञप्ति गरीबी पर जुर्माना – सरकारी बैंकों द्वारा बैंक खातों में न्यूनतम राशि के अधिनियम पर रोक लगायी जाये इस हफ्...

Indian Economy National Financial Institutions NFIs NPAs Press Releases

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June 4, 2021

Thomas Franco

Digital India helping crooks to cheat elderly people

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

November 11, 2020

Thomas Franco

Random Reflections- Demonetisation – The cruel joke on the People

After demonetisation on November 8, 2016, seeing the anger of the people, on Nov 13 PM Modi in an emotionally choked speech in Goa said “I have asked the country for just 50 days. If after December 30, there are short comings in my work or there are mistakes or a bad intention found in my work, I w...

Indian Economy Random Reflections

Article

July 30, 2020

Thomas Franco

Random Reflections- Solutions for the Banking Sector

“Call the dog mad and shoot it” was the old slogan. The present slogan is, “poison the dog, make it look like mad and shoot it”. The governments have done exactly the same with public sector banks and they want them to be handed over to corporates – local and international. Arguments made are...

Indian Economy Random Reflections

Article

July 22, 2020

Thomas Franco

Random Reflections- Privatisation of Financial Sector – A road to ruin

Almost all financial newspapers have informed that 3-5 banks and 3 general insurance companies are going to be privatized. They have indicated that Bank of India, Indian Overseas Bank, UCO Bank, Punjab and Sind Bank and Bank of Maharashtra are being considered for privatisation. We will be left wit...

Indian Economy Random Reflections

Article

July 2, 2020

Thomas Franco

Random Reflections- Are the Public Banks Already Private?

Institutions do not become public only because of ownership by the state. They should serve the people at large who are the real owners. While nationalising banks, the purpose was not to earn profit but to serve the large masses. The banking shifted from class banking to mass banking. Slowly after ...

Indian Economy Random Reflections

Article

May 13, 2020

Thomas Franco

Random Reflections- Altering the Course of Banking

The Banking Sector was already in crisis. Crisis was created through the policies. Large credit was encouraged leading to the NPA Crisis. Development institutions like IDBI, ICICI and even UTI were converted into banks. HDFC was again converted into a universal bank and focus on housing was g...

Blog Indian Economy Random Reflections

Article

May 1, 2020

Devidas Tuljapurakar

Banking in Disarray! How to bring it back on tracks?

RBI in its first announcement dated 27th March 2020, consequent upon corona pandemic 2019 had come out with various initiatives such as reduction in CRR, Repo Rate etc. thus to improve upon liquidity position of the banks so as to facilitate for extension in credit thus to revive the economy. At th...

Blog Indian Economy NPAs

Article

March 18, 2020

Thomas Franco

Random Reflections- Will the FM yield to the demands of the people & apologise?

The Finance Minister has reprimanded the Chairman of State Bank of India in an outreach meeting at Guwahati in which the Finance Minister of Assam Himanta Biswa Sarma, officials from banks and state government and few ruling party workers were present. Someone has recorded the conversation and circ...

Indian Economy Random Reflections

Article

May 1, 2019

Ashish Kajla

The Arbitrary Bank Charges must be Removed

Banks act as financial intermediaries between depositors and borrowers. It is the public money, deposited in the form of term deposit (fixed deposits) and time deposit (saving & current accounts) which banks use for lending to borrowers. Since public money is important for the banking sector as ...

Bank Charges Blog

Article

February 7, 2020

CFA Admin

सरकारी बैंकों द्वारा बैंक खातों में न्यूनतम राशि पर रोक लगायी जाये

प्रेस विज्ञप्ति गरीबी पर जुर्माना – सरकारी बैंकों द्वारा बैंक खातों में न्यूनतम राशि के अधिनियम पर रोक लगायी जाये इस हफ्ते बहुत ही चौकाने वाली बात सामने आयी है कि भारतीय स्टेट बैंक (एसबीआई) ने अप्रैल और नवम्बर 2017 के बीच में अपने ग्राहकों से 1,771 करोड़ रूपये जुर्माने के तौर पर वसूले हैं | यह जुर्म...

Indian Economy National Financial Institutions NFIs NPAs Press Releases

Article

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Categories

sbi

Digital India helping crooks to cheat elderly people

Random Reflections- Demonetisation – The cruel joke on the People

Random Reflections- Solutions for the Banking Sector

Random Reflections- Privatisation of Financial Sector – A road to ruin

Random Reflections- Are the Public Banks Already Private?

Random Reflections- Altering the Course of Banking

Banking in Disarray! How to bring it back on tracks?

Random Reflections- Will the FM yield to the demands of the people & apologise?

The Arbitrary Bank Charges must be Removed

सरकारी बैंकों द्वारा बैंक खातों में न्यूनतम राशि पर रोक लगायी जाये

Digital India helping crooks to cheat elderly people

Random Reflections- Demonetisation – The cruel joke on the People

Random Reflections- Solutions for the Banking Sector

Random Reflections- Privatisation of Financial Sector – A road to ruin

Random Reflections- Are the Public Banks Already Private?

Random Reflections- Altering the Course of Banking

Banking in Disarray! How to bring it back on tracks?

Random Reflections- Will the FM yield to the demands of the people & apologise?

The Arbitrary Bank Charges must be Removed

सरकारी बैंकों द्वारा बैंक खातों में न्यूनतम राशि पर रोक लगायी जाये