November 21, 2024

Banking

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September 15, 2018
IPA Service
Banking, Economy

Raghuram Rajan was Taller Than Anyone in the Present Setup

Former RBI Governor, Dr. Raghuram Rajan put up a spirited defence against the unjust accusation that the RBI created the NPA issue, stating that “the RBI is primarily a...

August 30, 2018
IPA Service
Agriculture, Banking, Economy

NABARD Financial Inclusion Survey Hides more than it Reveals

The NABARD survey estimates the total number of rural households in India for 2016-17 at 21.17 crore. The definition of “rural” is a broad one, covering revenue villages and...

August 30, 2018
IPA Service
Banking, Economy

Demonetisation: Who is Responsible for the Deaths of 100 Odd People in Queues?

Nearly two years after that game changer announcement by the Prime Minister, the annual report of the Reserve Bank of India has come out with the data which nails...

August 22, 2018
Mahima Sharma
Banking, Economy

Bank Managers and Cashiers are bribed to get New Currency Notes for Making Wedding Garlands

In an exclusive expose, Mahima goes into the by-lanes of Old Delhi to find out why the new currency notes are not reaching the mango people through ATMs. These...

August 7, 2018
IPA Service
Banking, Exploitation, Poverty

Banks Penalising Poor for Low Balance: Government Must Stop Arm-Twisting the Underprivileged

The banks in India under the present dispensation have raised about Rs 5,000 crores in penalty from the poor account holders in the financial year ending March 31, 2018...

June 18, 2018
IPA Service
Banking, Economy

BIS says Cryptocurrency no Substitute for Hard Money

The Basle-based central bankers’ central bank, the Bank for International Settlements (BIS) has in a new Annual Economic Report (AER) hit the nail on the head by stating that...

June 6, 2018
IPA Service
Banking, Economy

Repo Rate Hike a Waste of Breath: RBI Could Have Adopted Less Cautionary Approach

The RBI Governor conveyed the picture of a robust Indian economy, surging ahead fast, with little spare capacity and demand rising on the back of bumper crop last season....

May 25, 2018
IPA Service
Banking

AIBEA Calls for 48-Hour Strike on May 30 and 31

Bank employees and officers’ wage revision is due since November 11, 2017. Finance Ministry had advised Bank management and Indian Banks’ Association (IBA) to complete the discussions well in...

May 21, 2018
IPA Service
Banking, Economy

Banks Being Penalised While Big Fraudsters are at Large

Quizzically, PNB, a victim of the world’s biggest bank fraud ever, is out of RBI’s first prompt corrective action (PCA) list. The biggest global bank fraudster, Nirav Modi, who...

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