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Centre amends anti-money laundering rules; brings politically exposed persons under the...

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Centre amends rules under anti-money law, tight grips over NGOs funding Centre has amended rules under the anti-money law, making it mandatory for banks and...

Banks, Bribes and Companies – How NPAs are created

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The promoter wins the lottery of project approval by bribing all concerned in the government. That is, he gets the license/approval to set up...

How do NPAs become monsters?

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 NewsX channel put out a wonderful expose on Non-Performing Assets (NPAs), after investigating several companies that have become NPAs. Over a period of 50...

Bank recapitalization is waste of money

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Bank privatization is the elephant in the room that nobody is willing to look at Child marriage is a social evil, so it...

The Craze For Big Banks

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The Craze For Big Banks Now the clamor is for big; bigger and biggest. Particularly in the banking sector. After the merger of subsidiaries with...

Ministry of Finance Press Release on Demonetization

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The Ministry of Finance has just put out a Press Release on how things are proceeding as far as Demonetization is concerned. This...

Re-capitalizing Public Sector banks in India

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PerformanceGurus Staff New Delhi Waking up to the distressed situation of the state-run banks which are plagued with rising bad debts, the Government on Friday announced...

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