Modi Govt's action against corruption in banking system

The society expects transparency, reliability, accountability and effective discharge of duties and responsibilities by the banks. Depositors of a bank put their hard-earned salaries and life savings in the banks which should by protected before lending huge loans to fraudsters masquerading as borrowers.

यह विडम्बना ही है कि केन्द्रीय बैंक यानि रिजर्व बैंक में सभी पदाधिकारी चाहे वो अधिकारी हों या डायरेक्टर सभी की विद्वता में कहीं भी किसी भी प्रकार की कमी नहीं हैं। फिर भी कुछ ऐसे मसले हैं जिस पर बार बार अवगत कराने  के बावजूद वे लोग किसी भी प्रकार का सुधार करते नजर नहीं आ रहे हैं।

वर्ष २०१६ में भारतीय दिवाला और शोधन अक्षमता संहिता को लागु करने की आवश्यकता क्यों पड़ी, आखिर इसकी आवश्यकता क्या थी? इस लेख के प्रथम भाग में हम संक्षिप्त रूप से इस विषय पर प्रकाश डालने का प्रयास करेंगे।

बैंकिंग ग्राहक पे एहसान नहीं सेवा है.

In all fairness to Modi, his government has been perceived to be free from any high level corruption. However, can the same be said on how his successive Governments have dealt with the past Corruption cases?

To make them self-reliant, the government should also relax the restrictions imposed on its behalf so that the dependence of banks on the government can be reduced.

There have been many events in the last couple of years, which indicates that we are heading towards a massive financial crisis.

PMC’s collapse is unlikely to impact financial markets or other private or public sector banks as co-operative banks have meagre dealings in money markets as they largely depend upon deposits.

There is a need to spread awareness among depositors community and the common public so that could secure the money to large extent.

The banking sector in India has been in the midst of a churn over the last few years. Asset quality, especially of public sector...