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Category: Media
‘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…
Not Just RTGS And NEFT, RBI Must Do Away With All Bank Charges
For Immediate Release Not Just RTGS And NEFT, RBI Must Do Away With All Bank Charges Financial Accountability Network India welcomes 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’…
A Rebuttal To RBI’s Misleading Response On Bank Charges
As a part of FAN India’s campaign against bank charges imposed on saving account holders, people have been lending support by sending emails to RBI governor and demanding the removal of the various charges levied by banks. This document is a point-by-point rebuttal to a response to the RBI’s email…
पिंपरी: बैंकांकडून होणारी सर्वसामान्यांची लूट थांबवण्यासाठी केंद्रीय अर्थमंत्री यांना पाठविणार हज़ार पत्रे-काशीनाथ नखाते
यह आलेख एमपीसी न्यूज़ में प्रकाशित हुआ था।
उद्योगनगरीत ‘नो बँक चार्जेज़’ अभियान
यह आलेख लोकमत समाचार पत्र में प्रकाशित हुआ था।
Don’t Fleece the Poor
By Ashish Kajla Banks act as financial intermediaries between depositors and borrowers. It is the public money, deposited in the form of term deposit (fixed deposits) and time deposit (saving and current accounts) which banks use for lending to borrowers. Since public money is important for the banking sector, banks…
Stop Imposing Bank Charges on Poor for Flourishing the Rich in India
The recently released Reserve Bank of India’s (RBI) annual Banking Ombudsman Report for the year 2017-18 mentions a pilot study in Mumbai on the service charges levied by the banks for basic banking services. The study was commissioned to ascertain customer feedback and the need for rationalisation of charges. The…
Financial misrule, frauds plagued Modi’s tenure
The NDA government led by Narendra Modi over the last five years has caused more damage to the economy than giving a big impetus to the growth, a report said. The economy took a severe hit with the mounting Non Performing Assets (NPA), policies (read Punishment) like Demonetisation, GST, Insolvency…
Political Parties and CSOs Criticise Modi Government on its Economic Performance
For immediate release Political Parties and CSOs Criticise Modi Government on its Economic Performance New Delhi, March 15, 2019: “The BJP, before the 2014 elections, created an illusion of achchhe din. Though they promised to double farmers income, increasing Minimum Support Price (MSP) by 1.5 times, they did opposite everything of…