TAG
Banking
Business Cycles, Structural Issues and Challenges to Bharat’s Economy
Business cycles are common across the world and their pattern is mostly predictable. Whereas, structural issues are those that are caused by certain changes...
Road Map for Bharat’s Banking Reforms, a Work in Progress
In 1969, Bharatiya government nationalized 14 banks followed by another 6 banks in 1980. Along with SBI group, which had 7 banks under its...
Prompt Corrective Action Vs Politically Correct Action
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....
Bank Frauds in Bharat- Issues and Challenges
According to statistics given in the RTI query filed by economist Prasenjit Bose, total value of bank frauds where the amount involved was more...
Banks with Liability Limited by Deposits – FRDI Act
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...
Lessons from the PNB Fraud
The recent Punjab National Bank (PNB) episode highlights the need for effective internal controls in the banking system and swift action by the regulators,...
FRDI Bill and Protection to Depositors’ Money in Banks
Financial Resolution and Deposit Insurance (FRDI) Bill was tabled in Lok Sabha on 8th August 2017 and referred to a joint parliamentary committee represented...
Bharat’s Golden Opportunity – An Alternative for the Bank Capitalization Problem
This article proposes to discuss at length on the gold monetization scheme and suggest the measures to make it more effective. Nearly two years...
Mobiles may make banks extinct
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...
The Craze for Big Banks
Now the clamor is for big, bigger and biggest. Particularly in the banking sector. After the merger of subsidiaries with SBI, there is a...