Business cycles are common across the world and their pattern is mostly predictable. Whereas, structural issues are those that are caused by certain changes in the market which are basic…
In 1969, Bharatiya government nationalized 14 banks followed by another 6 banks in 1980. Along with SBI group, which had 7 banks under its umbrella, the public sector banks number…
Bharat’s banking sector is now getting into vicious cycle of NPA-led dip in bank profitability- weaker bank balance sheets- decline in incremental bank credit. This is not an overnight phenomenon…
According to statistics given in the RTI query filed by economist Prasenjit Bose, total value of bank frauds where the amount involved was more than Rs. 1 Lakh in each…
The government’s proposal to introduce the FRDI Act (Financial Resolution and Deposit Insurance Act) by including the bail in clause has led to an apprehension about the status of the…
The recent Punjab National Bank (PNB) episode highlights the need for effective internal controls in the banking system and swift action by the regulators, law enforcing agencies and the government….
Financial Resolution and Deposit Insurance (FRDI) Bill was tabled in Lok Sabha on 8th August 2017 and referred to a joint parliamentary committee represented by 30 members from both Lok…
This article proposes to discuss at length on the gold monetization scheme and suggest the measures to make it more effective. Nearly two years after it was first launched, the…
The mobile phone is now being used for small-time financial activities, such as information on prices, billing settlements, etc. We have service providers like Air Tel/Jio providing internet-based TV channels…
Now the clamor is for big, bigger and biggest. Particularly in the banking sector. After the merger of subsidiaries with SBI, there is a talk of merging other banks. The…