Strengthen Public Sector Banks! Bring Focus back to Mass Banking!

For Immediate Release Strengthen Public Sector Banks! Bring Focus Back to Mass Banking! July 20, 2019: On the golden jubilee year of nationalisation of the banks, Financial Accountability Network India commends the Public Sector Banks (PSBs) for their service for the past five decades. The role of the nationalised banks…

‘Not Just RTGS And NEFT, RBI Must Do Away With All Bank Charges’

Financial Accountability Network India has welcomed the Reserve Bank of India’s decision to remove charges for the RTGS and NEFT transactions and to form a committee under the chairmanship of Chief Executive Officer, Indian Banks’ Association, to “examine the entire gamut of ATM charges and fees”. “As a group of…

पिंपरी: बैंकांकडून होणारी सर्वसामान्यांची लूट थांबवण्यासाठी केंद्रीय अर्थमंत्री यांना पाठविणार हज़ार पत्रे-काशीनाथ नखाते

यह आलेख एमपीसी न्यूज़ में प्रकाशित हुआ था।

Bank Charges: Punishment for the Poor and Marginalised

Bad loans have worsened the banks’ balance sheet. Because of this, the money which banks need to put aside (called provisions) for bad loans has increased manifold, resulting in a decrease of money available with banks for lending. By Ashish Kajla Does financial inclusion mean taking away the hard-earned savings…