THE IDEA OF BAD BANK BY WAY OF ASSET RECONSTRUCTION COMPANY (ARC) Governor of Reserve Bank of India Shaktikanta Das during the question-and-answer session at the 39th Palkhivala Memorial Lecture said, ‘If there is a proposal to set up a bad bank, the RBI will look at it’. The Union Budget presented on 1st February […]
The purported peaceful Kisan agitation started and carried forward by a section of farmers from Punjab, Haryana and Western U. P to redress their grievances against the three agri reform bills enacted by the government was only a calm before a storm. The agitation started peacefully with the objective of alleviating the apprehensions and doubts […]
The present ongoing agitation is led by 35 farmers’ union out of which 31 are from Punjab alone who are mostly cultivators of wheat and paddy and the others being from Haryana, western U.P and M.P. The farmers’ unions affiliated to left wing political parties, Aam Admi Party, Akali Dal and the Congress have also […]
The incidents of the Shaheen Bagh agitation are still fresh in the minds of the general public. Yet another situation is developing which may cause even greater damages to the public and private properties and the economy of the nation and also aggravate the already ongoing threat of the contagious pandemic COVID 19 effects. Seemingly […]
The enraging ongoing agitation of the farmers of Punjab, Haryana and the Western U.P is an ill-conceived wrongly motivated incident affecting the peace and tranquillity of the nation especially viewed in the background of the resurging COVID 19 cases. The three-part bill of the Agri reforms consists of (1) The Farmers’ Produce Trade and Commerce […]
When I was taking one of the classes for the MBA (Finance) students, I was asked a question by a curious student. He asked me, ‘Sir, can we make our own destinies?’. I said that it was a very good thought-provoking question to be pondered over. I asked the other students whether anyone knew the […]
THE FINANCIAL STABILITY OF THE BANKING SECTOR THE BANK AND THE BORROWER A RELATIONSHIP OF TRUST, FAITH, HOPE AND UNDERSTANDING. The advent of banking reforms in India has brought the concept of NPA (Non-Performing Asset) which has changed drastically the perception and approach of the bank and the customer when dealing with loans financed by […]
The Government ordinance to empower Reserve Bank of India to supervise the Urban Co-operative Banks is a welcome step in the right direction so that they have a control over the affairs and performance and particularly the lending portfolios of the Urban Co-operative Banks. Many of them are already under RBI watch list with some […]
QUESTIONS IN SEARCH OF ANSWERS. The Hon’ble Prime Minister under his vision and call for ATMA NIRBHAR ABHIYAN / SELF RELIANT INDIA MOVEMENT based on the 5 pillars of ATMA NIRBHAR BHARAT being Economy, Infrastructure, System, Vibrant Demography and Demand has allotted Rs. 20 lakh crores equivalent to 10% of India’s GDP as Special economic […]
‘When virtue is lost, benevolence appears, when benevolence is lost right conduct appears, when right conduct is lost, expedience appears. Expediency is the mere shadow of right and truth; it is the beginning of disorder’. A good and faithful banker ever prefers honourable settlement to the expedient action and expediency cannot be a policy for […]
