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MONEY

 |  2-minute read
ATM withdrawal limit, PSU Banks, Cash crunch, Bank strike

Banks to strike, shut shop for 5 days: Who allows them to rob us of our festive cheer?

The big question that the bank officials don’t seem to care about is how people are to cope without banking services for so long? Are they only interested in getting some extra holidays?

MONEY

 |  3-minute read
SBI, PSU Banks, Penalty, Minimum balance

PSU banks: Why it's unfair to penalise senior citizens with no pension for minimum account balance default

There is an urgent need for the government to intervene in the matter.

MONEY

 |  7-minute read
Winter Session of Parliament, Finance Ministry, PSU Banks, FRDI Bill

Why a new bill by government is terrifying the Indian bank depositor

Ours is a deposit-driven banking system, so borrowing a clause from Western, credit-driven model is laced with difficulties.

MONEY

 |  7-minute read
Loan write-off, NPA, RBI, Vijay Mallya

PSU banks writing off Rs 55,356 crore of corporate debt in six months is unacceptable

Though the write-off is financial jugglery to balance the books, this puts the total bad debt written off at a massive Rs 3.60 lakh crore.

POLITICS

 |  4-minute read
Strike, PSU Banks, Bank

Bank strike over bad loans, for better wages must be taken seriously

The principal owner of the public sector banks – the Indian government – has turned the sector into a private fiefdom of corporate-political nexus.

MONEY

 |  3-minute read
PSU Banks, Loans, RBI

How RBI can make loans cheaper for us

Most public sector banks are under great stress of heavy credit costs and low loan growth.

POLITICS

 |  5-minute read
Loans, PSU Banks, Vijay Mallya, Banking

Expose all Vijay Mallyas

We still have no clue as to who are the non-payers who owe our public banks nearly Rs 4 lakh crore.

MONEY

 |  8-minute read
Narendra Modi, Bad loans, PSU Banks

Is bad loan waiver another 2G scam?

Have corporate houses benefited from this largesse in the same way as in the coal and spectrum allocation scandals?