The last five years have been a watershed moment in Indian politics and the economy. The NDA alliance’s grand victory on the agenda of development and good days to come (achhe din) started off on a high note. But after five years, the NDA government stands delegitimized. But what followed…
Bank Charges Are Unjust: Harsh Mander
“The poor and middle-class like small traders, labourers etc., who have been included in the banking system by force have to pay the charges. This is unjust”, says Harsh Mander of the Centre of Equity Studies.
Paying fine for not having money is the reality of achchhe din: Umar Khalid
t is shocking that there is no discussion on the rampant loot in the name of ban charges. Not many people know about it. It has also come to light that the penalties had led the account balance to zero. Why are the opposition parties silent on this issue? Why…
NHF Demands Scrapping Of All Bank Charges Immediately
The manner in which all the banks of the country are looting us in the name of bank charges, the National Hawkers Federation will not only criticise but also protest. NHF demands that all bank charges must be scrapped immediately. Otherwise, four crore hawkers from across the country will hit the…
Bank Charges Are Unacceptable And They Have To Go: Vijoo Krishnan
Nationalised banks are meant to serve the interests of the people. In the last five years, on the one hand, the government encouraged people to open the bank account, on the other an organised loot is going on by the banks through the various bank charges. This policy of sheer…
The Bank Charges is a Loot and Must be Scrapped: Medha Patkar
The Bank Charges is a Loot and Must be Scrapped: Medha Patkar
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…
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…
What Are The Bank Charges And Whom Do They Affect?
To access the banking system through various platforms/processes, banks provide different kind of services to depositors. Bank charge is a fee that banks charge depositors to access these banking services. Recently, banks have started charging depositors for each and every transaction done by them including those that were previously free…
Our Money, Our Right: Appeal to the Political Parties
Our Money, Our Right Towards a Transparent and Accountable Financial and Banking System Appeal to political parties by people’s movements, civil society organisations, trade unions and concerned citizens on finance and banking, with a request to include these in your election campaign for 2019, including in the election manifesto. The…