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C.P. Chandrasekhar,Jayati Ghosh
Thursday 14 September, 2017
A brief decline in portfolio inflows into equity markets has raised the question whether foreign investment flows into India have peaked. The evidence of investments in debt markets suggest otherwise. That, however, need not be all good news.
Prasenjit Bose,Zico Dasgupta,Rohit Azad
Monday 07 August, 2017
The Indian growth story of the 2000s’ cannot be over-simplistically explained as a result of “market-oriented” reforms. Public sector bank credit-financed investments, particularly in the infrastructure sector, played a significant role in sustaining growth, most crucially after the global economic crisis. Such a growth trajectory, however, proved to be unsustainable with the expansionary phase coming to an end in 2011–12 and bad loans piling up in the banking system.
Thomas Franco
Friday 19 May, 2017
May Day is celebrated as International Workers Day to remember the sacrifices of the working class and also assert the rights of workers. The first May Day was on May 1, 1886 when more than 300000 workers in 13000 businesses across the United States walked off their jobs asking for an 8 hour day among other demands.
C.P. Chandrasekhar,Jayati Ghosh
Tuesday 25 April, 2017
Despite the government’s efforts to digitise the Indian economy forcibly, non-cash forms of payment appear to have declined as more currency has been made available to the public. This points to major flaws in the government’s coercive approach and the underlying rationale for cashlessness.
Thomas Franco
Friday 31 March, 2017
In a surprise move, the Govt of India has forced 10 Public Sector Banks to sign an MoU in return for a small amount of capital. Many wonder why an MoU was required and why Unions and Associations are expected to sign. Is this a blank cheque for privatisation? Is it like taking the consent of a sacrificial goat by applying turmeric and water and getting its nod before sacrifice? The Government is like a parent and Public Sector Banks are like children. Will the parent take an undertaking from a child? These are questions which have to be answered by the Government.
Thomas Franco
Thursday 16 March, 2017
There is huge hue and cry about the proposed service charges and minimum balance to be maintained by the customers’ of State Bank of India and it is justified. The only thing forgotten is that SBI is only an arrow and the shooter is the Central Government.
Thomas Franco
Tuesday 28 February, 2017
The economic survey presented by Dr. Aravind Subramaniam, Chief Economic Advisor talked about creation of a Public Sector Asset Rehabilitation Agency (PARA). The new Deputy Governor of RBI who is a known votary of Privatisation, who has taken leave from New York University for 3 years.....
Thomas Franco
Thursday 16 February, 2017
The advertisements of Airtel Payment Bank showing crowded branches, indifferent staff and different interest rates have been prepared to show public sector banks in poor light and an abuse on the employees of Public Sector Banks. It says why the Banks have to be like this? The ethics to be followed in advertisement is completely given a go by.
Thomas Franco
Wednesday 15 February, 2017
Our Bank is facing many challenges now. Every employee and everyone who cares for the Bank (30 crore is our customer base) have to seriously look at what is happening in SBI as one fifth of the Banking business of the country is handled by SBI.
C.P. Chandrasekhar,Jayati Ghosh
Tuesday 17 January, 2017
Banks strapped with stressed assets are holding back on lending, dampening in the process the principal stimulus to growth in recent years. And there are no alternative routes to growth in sight.
 

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