For Immediate Release Mergers! Systematic Privatisation of Public Sector Banks New Delhi, September 2, 2019: We the undersigned organisations and individuals condemn the Government’s decision to merge 10 Public Sector Banks (PSBs) and demand immediate withdrawal of the mergers; Stop Privatisation of the PSBs; Take genuine actions to recover bad…
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…
RBI Barks up the Wrong Tree on NPA
For Immediate Release RBI Barks up the Wrong Tree on NPA Shaktikanta Das, Governor of the Reserve Bank of India, while releasing the Financial Stability Report, recently said that by March 2020 the bad loan ratio would fall to 9 per cent of advances. For the non-performing assets (NPAs) hovering…
बँक खातेदारांची होणारी लूट थांबवा
यह आलेख पुढारि में प्रकाशित हुआ था।
‘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…
The Conspiracy behind Banking Charges, Payments Banks, and Demonetisation
By Randhir Singh Consumers are subjected to great inconvenience by various charges levied by banks. “Banks have extorted over Rs.50,000 crore from customers in dubious levies and charges. Public Sector Banks (PSBs) alone had collected Rs. 10,000 crore as penalty from customers for not maintaining a minimum balance in their…
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।